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Muscat company is a levered firm that generates a contribution margin of OMR (40) thousand. The company spent OMR (20) thousands yearly on operating fixed

Muscat company is a levered firm that generates a contribution margin of OMR (40) thousand. The company spent OMR (20) thousands yearly on operating fixed costs. It pays yearly OMR (5) thousands of debt interest. Calculate the degree of total leverage (DTL).

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