Business, 28.02.2021 16:40 aguerobia

GPB's contribution margin ratio is 85% ( or .85) and its fixed monthly expenses are $63,000. Assume that the cost structure of GPB does not change. Required:
Estimate of the company's net operating income in a month when sales are $103,000.

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GPB's contribution margin ratio is 85% ( or .85) and its fixed monthly expenses are $63,000. Assume...

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