I don't need ai answer accounting questions Bolding Inc's contribution margin ratio is 64% and itsfixed monthly expenses are $44,500. Assuming thatthe fixed monthly expenses do not change, what isthe best estimate of the company's net operatingincome in a month when sales are $131,000?

Identify the given information:Contribution margin ratio = 64%Fixed monthly expenses = $44,500Sales…

Answered: Bolding Inc's contribution margin ratio…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

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Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 23MC: If a firm has a contribution margin of $78M90 and a net income of $13,700 for the current month,...

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Bolding inc contribution margin ratio is 64% and it's fixed monthly expenses are 44,500. Solution this accounting questions
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Please answer the following requirements on these general accounting question
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Bolding Inc's contribution margin ratio is 64% and its fixed monthly expenses are $44,500. 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 $131,000?