Degree of financial leverage of rat race home security

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

Average selling price per unit $349.

Variable cost per unit $182

Units sold 410

Fixed costs $7,848

Interest expense $13,168

Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.? show the formula & all working.

Reference no: EM132813727

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