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Time left 01:44... Question 3 Not yet answered Marked out of 1.00 COVID 19 Corporation's variable expense ratio is 84% and its fixed monthly expenses

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Time left 01:44... Question 3 Not yet answered Marked out of 1.00 COVID 19 Corporation's variable expense ratio is 84% and its fixed monthly expenses are $44,500. If the company's sales for a month are $300,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change. Select one: a. $3,500 b. $255,500 OOOO c. $207,500 d. $48,000

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