Question: Afirm's contribution margin ratio is 18.7%. If the degree of operating leverage is 16 at the $223.7k sales level. Given this information, calculate the firm's

Afirm's contribution margin ratio is 18.7%. If the degree of operating leverage is 16 at the $223.7k sales level. Given this information, calculate the firm's net operating income. Note: The term "K" is used to represent thousands (* $1,000)

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