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Determine what degree of financial leverage of rat race

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Reference no: EM132565732

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

Average selling price per unit $322.

Variable cost per unit $188

Units sold 431

Fixed costs $5,318

Interest expense $17,008

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

Reference no: EM132565732

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