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Question 1 (1 point) The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $49.78. The variable
Question 1 (1 point) The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $49.78. The variable cost per unit is $25.61, Poseidon Swim has average fixed costs per year of $54,108. What is the break-even point in units for Poseidon Swim?
2. Irresistible Chips is reviewing its financial condition. The firm generated an operating profit of $5,373,708. The firms interest expense was $2,619,358.
What is the firms degree of financial leverage? Round the answer to two decimals
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