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The management of Reagon Corporation expects sales in January to be $122,000. The company's contribution margin ratio is 69% and its fixed monthly expenses are
The management of Reagon Corporation expects sales in January to be $122,000. The company's contribution margin ratio is 69% and its fixed monthly expenses are $50,000.
Estaimate the company's net operating income for January, assuming that the fixed monthly expenses do not change. Show your work!
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