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Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $3,268,437. The firm's interest expense was $2,716,843. What is the firm's

Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $3,268,437. The firm's interest expense was $2,716,843.

What is the firm's degree of financial leverage?Round the answer to two decimals

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