Question: Bolding Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $50,500. Assuming that the fixed monthly expenses do not change, what is

Bolding Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $50,500. 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 $143,000?

$88,660

$3,840

$38,160

$92,500

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