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Estimate of the company net operating income

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Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. 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 $95,000?

a $12,800
b $24,200
c $53,200
d $66,000

Reference no: EM13508304

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