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Question 1 (1 point) Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $4,486,411. The firm's interest expense was $2,750,081.

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Question 1 (1 point) Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $4,486,411. The firm's interest expense was $2,750,081. What is the firm's degree of financial leverage? Round the answer to two decimals

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