The management of Merklin Corporation expects sales in May to be $105,000.The company's contribution margin ratio is 70% and its fixed monthly expenses are $48,000.
Required:
Estimate the company's net operating income for May,assuming that the fixed monthly expenses do not change.Show your work!

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The Answer of The management of Merklin Corporation expects sales in May to be $105,000.The company's contribution margin ratio is 70% and its fixed monthly expenses are $48,000.
Required:
Estimate the company's net operating income for May,assuming that the fixed monthly expenses do not change.Show your work!

The Management of Merklin Corporation Expects Sales in May to Be