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Firms in Japan often employ both high operating and financial leverage because of the use of modern technology and close borrower lender relationships. Assume

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Firms in Japan often employ both high operating and financial leverage because of the use of modern technology and close borrower lender relationships. Assume the Mitaka Company has a sales volume of 144,000 units at a price of $29 per unit, variable costs are $6 per unit and fixed costs are $1,990,000. Interest expense is $419,000. What is the DCL for this Japanese firm? (Round the final answer to 2 decimal places.) Degree of combined leverage X

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