Calculate the degree of operating and financial leverage

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Reference no: EM133133192

Question - Use the following information below to answer the following questions:

Average selling price per unit $12.00

Variable cost per unit $6.00

Units sold 500,000

Fixed costs $520,000

Debt = $8,000,000

Interest cost = 5%

Required - Calculate the degree of operating leverage and financial leverage?

Reference no: EM133133192

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