Answer:
the net operating income is 4.560
Explanation:
Net operating income is a calculation of revenues less cost, minus all reasonably necessary operating expenses. Having said that we can determine that the fixed expenses are included in the necessary operanting expenses unless they include depreciations and amortization. Since the text doesn’t refer to the fixed expenses as depreciations or amortization the calculation is this:
Calculate the cost if the contribution margin is 12%
Cost is equal to = (Revenue*(1-contribution ratio))= (738.000*(1-0.12))= 649.440
Then calculate the net operating income
Net operating income = (Revenue – Cost-operating expenses) = (738.000-649.440-84.000) = 4.560