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A company has the following financial data: Sales = 30,000,000, Variable Costs = 12,500,000, Fixed Costs = 9,050,000, Interest Expense = 2,750,000. What is the
A company has the following financial data: Sales = 30,000,000, Variable Costs = 12,500,000, Fixed Costs = 9,050,000, Interest Expense = 2,750,000. What is the companys degree of financial leverage?
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