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Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $5,586,240. The firms interest expense was $2,415,470. What is the firms

Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $5,586,240. The firms interest expense was $2,415,470.

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

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