Maack corporations contribution margin ratio is 17 and its, Financial Accounting

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Maack corporations contribution margin ratio is 17 and its

Maack Corporation's contribution margin ratio is 17% and its fixed monthly expenses are $50,000. If the company's sales for a month are $311,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.

$208,130

$2,870

$261,000

$52,870

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