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Question 36(2 points) Use the following information below to answer the following questions: Average selling price per unit $12.00 Variable cost per unit $7.00 Units
Question 36(2 points)
Use the following information below to answer the following questions:
Average selling price per unit $12.00
Variable cost per unit $7.00
Units sold 200,000
Fixed costs $220,000
Interest expense $75,000
Calculate the degree of operating leverage and financial leverage
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