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QUESTION 14 Due to the usage of modern technology and easy access to borrowing. Mochis Bhd employs both high operating and financial leverage. For the
QUESTION 14 Due to the usage of modern technology and easy access to borrowing. Mochis Bhd employs both high operating and financial leverage. For the year ended 2021, Mochis Bhd sold 187,500 units of widgets at RM 37.50 per unit. The company incurred variable costs og RM 7.50 per unit and fixed cost of RM 2.7 million. Unterest expenses were RM 600,000. Calculate Mochis Bhd's degree of combined leverage
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