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firms in japan oftern employ both high operating and financial leverage because of the use of modern technology and close borrower-lender relationships. Assume the Mitaka

firms in japan oftern 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 unitys 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 degree of combined leverage for this Japanese firm?

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