Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $4,121,450. The firm’s interest expense was $2,429,544.
Irresistible Chips is reviewing its financial condition. The firm
generated an operating profit of $4,121,450. The firm’s interest expense was $2,429,544.
What is the firm’s degree of financial leverage? Round the answer to two decimals