What degree of financial leverage of rat race home security


Problem

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

Average selling price per unit $332.
Variable cost per unit $185
Units sold 483
Fixed costs $6,522
Interest expense $19,608

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

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Financial Accounting: What degree of financial leverage of rat race home security
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