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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

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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 (TTT) sales are estimated at $673.01, the variable costs are $342.29, the fixed cost is $180.02, the amount of interest 1TT pays is $40.00, and the number of tea towels sold is 40.23. All values are in thousands. What is the Degree of Combined Leverage ITT has with the lower asset value and lower debt? Post your answer with 1 decimal place

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