Last month when holiday creations, inc., sold 44,000 units, total sales were $302,000, total variable expenses were $232,540, and fixed expenses were $35,800. required: 1. what is the company’s contribution margin (cm) ratio? 2. what is the estimated change in the company’s net operating income if it can increase total sales by $1,200? (do not round intermediate calculations.)

Match the terms with their correct definition. terms: 1. accounts receivable 2. other receivables 3 debtor 4. notes receivable 5. maturity date 6. creditor definitions: a. the party to a credit transaction who takes on an obligation/payable. b. the party who receives a receivable and will collect cash in the future. c. a written promise to pay a specified amount of money at a particular future date. d. the date when the note receivable is due. e. a miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. the right to receive cash in the future from customers for goods sold or for services performed.