Problem
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?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.