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Find what is degree of financial leverage of rat race home

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Reference no: EM133006156

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

Average selling price per unit $310.

Variable cost per unit $189

Units sold 393

Fixed costs $8,380

Interest expense $17,066

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

Reference no: EM133006156

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