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help with instructions pls In general the tea towel market has a lot of competition and risk is high, but management is hoping that the
help with instructions pls
In general the tea towel market has a lot of competition and risk is high, but management is hoping that the sale of some of the assets and paying off their debt has lowered their combined leverage. Tarleton Tea Towel (TIT) sales are estimated at $694.94, the variable costs are $350.99, the fixed cost is $183.53, the amount of interest T1 pays is $40.00, and the number of tea towcls sold is 40.37. All values are in thousands. What is the Degree of Combined Leverage TTT has with the lower asset value and lower debt? Post your answer with 1 decimal place Step by Step Solution
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