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The company incurs costs of $24.51 million regardiess of the output level. It selis 5.47 million units of its product at the price of 58.49

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The company incurs costs of $24.51 million regardiess of the output level. It selis 5.47 million units of its product at the price of 58.49 and its variable costs per unit are $2.55. The company has $40 milion of debt with an annual interest rate of 5.37w. What ilthe degree of operating leverage at the current level of sales? Round to two decimals

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