What degree of financial leverage of rat race home security

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Question

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 $7,164
Interest expense $18,245

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

Reference no: EM131406184

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