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What is the degree of financial leverage of rat race home

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Reference no: EM132769089

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

Average selling price per unit $308.

Variable cost per unit $191

Units sold 311

Fixed costs $5,680

Interest expense $19,193

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

Reference no: EM132769089

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