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Degree of financial leverage of rat race home security

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Reference no: EM132811923

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

Average selling price per unit $345.

Variable cost per unit $186

Units sold 329

Fixed costs $5,300

Interest expense $13,610

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

Reference no: EM132811923

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