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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 $32,000.

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 $32,000. What is Tigor Enterprises' operating income for 20xx? Answer a. $36,000 b. $29,000 c. $41,000 d. $45,000

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