Question: Jilk Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $45,000. Assuming that the fixed monthly expenses do not change, what is

Jilk Inc.'s contribution margin ratio is 62% and its fixed monthly expenses are $45,000. 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 $132,000? Multiple Choice

A $87,000

B $81,840

C $36,840

D $5,160

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