Haunted Forest, Inc.is selling fog machines
Haunted Forest, Inc.is selling fog machines.
Use the following information about Haunted Forest, Inc. to answer the following questions.
Average selling price per unit $350.
Variable cost per unit $185
Units sold 365
Fixed costs $17,982
Interest expense $4,683
Based on the data above, what is the degree of total (combined) leverage of Haunted Forest, Inc.?
Round the answer to two decimals
Your Answer: