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The company incurs costs of $20.98 million regardiess of the output level, it sells 6.44 million units of its product at the price of 58.17,
The company incurs costs of $20.98 million regardiess of the output level, it sells 6.44 million units of its product at the price of 58.17, and its variable costs per unit are $2.1. The company has $55 million of debt with an annual interest rate of 5.944. What is the degree of operating leverage at the current level of sales? Round to two decimals
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