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D Question 30 Consider the following information from Smith & Smith, Inc.'s income statement: Sales (Number of Units) 1,300 Sale Price (Per Unit) $210 Variable

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D Question 30 Consider the following information from Smith & Smith, Inc.'s income statement: Sales (Number of Units) 1,300 Sale Price (Per Unit) $210 Variable Costs (Per Unit) $100 Total Fixed Costs $62,000 Interest Expenses $22,000 Taxes $13,000 Calculate the firm's degree of financial leverage (DFL). (Provide your answer as a number with two decimal places.)

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