Question: Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $43,000. Assuming that the fixed monthly expenses do not change, what is

Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $43,000. 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 $128,000?

$6,920

$35,080

$78,080

$85,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Jilk lnc.'s contribution margin ratio is 61% and its fixed monthly expenses are $47,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $42,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

3) Bolding Inc's contribution margin ratio is 61% and its fixed monthly expenses are $42,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $42,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $50,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $47,500. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

Bolding Inc's contribution margin ratio is 61% and its fixed monthly expenses are $24,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

9. Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $42,000. Assuming that the fixed monthly expenses do not change, what is the best estimate of the company's net...

Bolding Inc.'s contribution margin ratio is 61% and its fixed monthly expenses are $42,000. Assuming that the fixed monthly expenses do not change what is the best estimate of the company's net...

Which of the following statements about markets and prices iscorrect? Multiple Choice a. In a market system, buyers and sellers must be inface-to-face contact with each other. b. Prices affect the...

What consumption differences might you expect to observe between families characterized as underprivileged versus those whose income is average for its social class?

import matplotlib.pyplot as plt import numpy as np def main ( ) : im = loadImage ( ' 3 0 0 _ 2 6 a _ big - vlt - s . jpg ' ) ( im , Dphi ) = opticalSystem ( im , 3 0 0 ) images = gerchbergSaxton ( im...

One of the strengths of the United States as a nation is the prevalence of business. In the US, business is conducted much differently than in other countries. In high-context cultures, you must be...

Develop successful mentoring programs. page 400

Choose the most effective source(s) for performance information for any situation. page 350

Discuss the three general purposes of performance management. page 324