HQ Sustainable Maritime$$ Industries, Inc. is an integrated aquatic product company$($producing$,$ processing, and$$ farming$)$ in the$$ People's Republic of China. Its principal products include tilapia and$$ white$-$legged shrimp that are exported to the United$$ States, Canada,$$ Japan, and Europe. Selected financial statement values for HQ are shown in the table below. What is the degree of financial leverage for HQ given the change in revenues from Year $1$ to Year$2?$

Selected Accounting Information HQ Sustainable Maritime Industries Inc.$($$$000$s$)$

Year $1$

Year $2$

EBIT

$12,954\mathrm{.}00$

$14,249\mathrm{.}40$

Interest

$647\mathrm{.}70$

$647\mathrm{.}70$

$$Pre$-$Tax Income

$12,306\mathrm{.}30$

$13,601\mathrm{.}70$

Taxes

$4,922\mathrm{.}52$

$5,440\mathrm{.}68$

Net Income

$7,383\mathrm{.}78$

$8,161\mathrm{.}02$

Shares Outstanding

$14,661$

$14,661$

EPS

$0\mathrm{.}50360\mathrm{.}5566$

The degree of financial leverage for HQ is $\_\_\_\_\_\_\_\_.($Round to two decimal$$ places.$)$