Compute what is the degree of financial leverage

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Use the following information about Rat Race Home Security, Inc. to answer the questions:

Average selling price per unit $346.

Variable cost per unit $199

Units sold 399

Fixed costs $7,074

Interest expense $16,750

Question 1: Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?

Reference no: EM132564044

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