ACME corporation produces and sells a single product. Data concerning that product appear below: ...
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Accounting
ACME corporation produces and sells a single product. Data concerning that product appear below:
| Description | Amount |
| Total Sales | $680,000 |
| Fixed expense per month | 82,000 |
| Contribution margin ration | 32% |
What is the best estimate of the company's net operating income? (Round your intermediate calculations to 2 decimal places)
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