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Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $750.He pays a sales commission of 15% of sales revenue to his sales staff.Stanley pays $1,400 a month rent for his store,and also pays $3,000 a month to his staff in addition to the commissions.Stanley sold 120 bicycles in June.If Stanley prepares a contribution margin income statement for the month of June,what would be his operating income?
Frequency Of Light
The number of waves that pass a fixed point in a given unit of time, which dictates the color of light perceived by the human eye.
Shape Constancy
The perceptual phenomenon wherein the perceived shape of an object remains constant despite changes in its retinal image due to varying angles and distances.
Dinner Plate
A large, flat dish from which main meals are typically eaten, an essential component of dining tableware.
Consistent Form
The quality of maintaining uniformity or stability in structure or appearance over time.
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