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Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $5,587,370. The firms interest expense was $2,425,220. What is the firms

Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $5,587,370. The firms interest expense was $2,425,220.

What is the firms degree of financial leverage? Round the answer to two decimals

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