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What is the degree of financial leverage of rat race home

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Reference no: EM132935164

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

Average selling price per unit $347.

Variable cost per unit $192

Units sold 357

Fixed costs $5,653

Interest expense $18,547

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

Reference no: EM132935164

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