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The quarterly report shows the sales increased by 9% during the last quarter for Tarleton Tea Towels (ITT). During the same period, the EBIT increased

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The quarterly report shows the sales increased by 9% during the last quarter for Tarleton Tea Towels (ITT). During the same period, the EBIT increased by 9% and Net Income increased by 6%. With inflation the interest expense also increased by 4%. From the information provided calculate the degree of financial leverage (DFL) in the last quarter. Post your answer to one decimal places, 1.4

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