Creswell corporations fixed monthly expenses are 29000 and


Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. 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 $95,000?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Creswell corporations fixed monthly expenses are 29000 and
Reference No:- TGS01033840

Expected delivery within 24 Hours