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LekaFEV [45]
1 year ago
3

jilk incorporated's contribution margin ratio is 61% and its fixed monthly expenses are $43,000. 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 $128,000?
Business
1 answer:
svlad2 [7]1 year ago
6 0

The net operating income, which is the final amount at the bottom of an income statement, is one item that appears in the contribution margin format.

$35,080 is the answer.

The contribution margin less the total fixed costs is the fundamental formula for operating net income.

The contribution margin is as follows for a company with sales of $128,000 and a contribution margin ratio of 61 percent:

Contribution Margin = Sales x Contribution Margin Ratio = $78.080 x 61%

Therefore, Bolding Inc.'s net operating income is:

Bolding Inc.'s contribution margin minus operating net income equals $35,080 in total fixed costs.

<h3>What is your annual net profit?</h3>

When determining a property's profitability, a common figure is its net operating income (NOI).To make the calculation, all of the property's revenue is subtracted from all of the property's operating costs.The lower the costs and the higher the revenues.

Learn more about Net Operating Income here:

brainly.com/question/25895372

#SPJ4

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