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Blake Technologies has sales of $ 3 , 0 0 0 , 0 0 0 . The company s fixed operating costs total $ 4

Blake Technologies has sales of $3,000,000. The companys fixed operating costs total $483,126 and its variable costs equal 60% of sales. The companys interest expense is $500,000. What is the companys degree of total leverage (DTL)? Answer to 2 decimal places.

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