Multiple Choice
Bowe Corporation's fixed monthly expenses are $21,000 and its contribution margin ratio is 61%. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net operating income in a month when sales are $74,000?
A) $7,860
B) $45,140
C) $24,140
D) $53,000
Correct Answer:
Verified
Correct Answer:
Verified
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