What 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 $314.

Variable cost per unit $196

Units sold 358

Fixed costs $5,697

Interest expense $14,603

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

Reference no: EM133003864

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