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Homework #7B (Financial leverage) 2

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Question 3(1 point)
Use the following information about Rat Race Home Security Inc. to answer the questions:
Average selling price per unit $333.
Variable cost per unit $192
Units sold 352
Fixed costs $7164
Interest expense $18245
Based on the data above what is the degree of financial leverage of Rat Race Home Security Inc.?

 
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