What is the degree of financial leverage of rat race home


Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $301. Variable cost per unit $183 Units sold 362 Fixed costs $7,449 Interest expense $15,514 Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?

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Financial Management: What is the degree of financial leverage of rat race home
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