Accouting Question 7b

Jun 22nd, 2015
SKTFaker
Category:
Accounting
Price: $5 USD

Question description

Bowe Corporation's fixed monthly expenses are $22,500 and its contribution margin ratio is 62%. 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 $77,000?

Tutor Answer

(Top Tutor) Daniel C.
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kpcutie
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