Jilk Inc'S Contribution Margin Ratio Is 58% and Its Fixed Monthly

question 55

Multiple Choice

Jilk Inc.'s contribution margin ratio is 58% and its fixed monthly expenses are $36,000.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 $103,000?

• A) $23,740
• B) $59,740
• C) $67,000
• D) $7,260

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Definitions:

Parietal Lobes

Regions of the cerebral cortex in front of the occipital lobes and behind the frontal lobes; these regions are important for the sense of touch and for picturing the layout of spaces in an environment.

Left Hemisphere

The left side of the human brain, associated with analytical thought processes, language, and logic.

Frontal Lobes

Regions of the cerebral cortex at the front of the brain; these regions are important for movement and complex processes (rational thought, attention, social processes, etc.).

Amygdala

A region of the brain involved in experiencing emotions, particularly fear, and processing emotional memories.