Multiple Choice
Tigor Enterprises has sales revenue of $340,000 for 20xx. Its product sells for $12 and has a 20 percent contribution margin. Fixed costs are $21,000. What is Tigor Enterprises' operating income for 20xx?
A) $56,000
B) $40,000
C) $52,000
D) $47,000
Correct Answer:
Verified
Correct Answer:
Verified
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