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Consider the following information from Smith & Smith, Inc's income statement: Sales (Number of Units) 1,550 Sale Price (Per Unit) $210 Variable Costs (Per Unit)

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Consider the following information from Smith & Smith, Inc's income statement: Sales (Number of Units) 1,550 Sale Price (Per Unit) $210 Variable Costs (Per Unit) $90 Total Fixed Costs $61,000 Interest Expenses $22,000 Taxes $14,000 Calculate the firm's degree of operating leverage (DOL). (Provide your answer as a number with two decimal places.)

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