Question
Haunted Forest, Inc.is selling fog machines. Use the following information about Haunted Forest, Inc. to answer the following questions. Average selling price per unit $306.
Haunted Forest, Inc.is selling fog machines.
Use the following information about Haunted Forest, Inc. to answer the following questions.
Average selling price per unit $306.
Variable cost per unit $212
Units sold 388
Fixed costs $16,698
Interest expense $4,427
Based on the data above, what is the degree of total (combined) leverage of Haunted Forest, Inc.?
Round the answer to two decimals
Your Answer:
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
