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TB MC Qu. 5-62 Gayne Corporation's contribution margin ratio is ... Gayne Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $54,000.

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TB MC Qu. 5-62 Gayne Corporation's contribution margin ratio is ... Gayne Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $54,000. If the company's sales for a month are $319,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Multiple Choice $204,390 $265,000 56,610 $60.610

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