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Blue Diamond Technologies has sales of $3,000,000. The company's fixed operating costs total of $500.000 and its variable costs equal 45.00% of sales, so the
Blue Diamond Technologies has sales of $3,000,000. The company's fixed operating costs total of $500.000 and its variable costs equal 45.00% of sales, so the company's current operating income is $700,000. The compan's interest expense is $500,000. What is the company's degree of total leverage (DTL)?
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