Creswell Corporation's fixed monthly expenses are $29,000 and its contribution margin ratio is 56%. 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 $95,000?
A. $66,000
B. $12,800
C. $53,200
D. $24,200
Answer: D
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If communication is unimportant, structured English is a viable alternative for decision analysis
Indicate whether the statement is true or false