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Loyal Enterprises has sales revenue of $125,000 for 2014.Its product sells for $10 and has a 25 percent contribution margin.Fixed costs are $26,000.What is Loyal Enterprises' operating income for 2014?
U.S. Soldiers
Members of the United States Armed Forces, particularly the Army, who serve and protect the country through military service.
World War I
A major international conflict from 1914 to 1918, involving many of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Central Powers.
Alien and Sedition Acts
A series of laws passed in 1798 by the Federalist Congress aimed at protecting the United States from foreign influence and sedition, criticized for restricting freedom of speech.
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