Question: Jilk Inc.'s contribution margin ratio is 63% and its fixed monthly expenses are $44,000. Assuming that the fixed monthly expenses do not change, what is

Jilk Inc.'s contribution margin ratio is 63% and its fixed monthly expenses are $44,000. 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 $130,000?

Multiple Choice

$37,900
$86,000
$4,100
$81,900

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