Question: Jilk Incorporated's contribution margin ratio is 58% and its fixed monthly expenses are $36,000. Assuming that the fixed monthly expenses do not change, what

Jilk Incorporated's contribution margin ratio is 58% and its fixed monthly expenses

Jilk Incorporated's contribution margin ratio is 58% and its fixed monthly expenses are $36,000. 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 $103,000? Multiple Choice $23,740 $59,740 $67,000 $7,260

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