Jerry is a financial analyst at XYZ Industries These are his projections for the upcoming year Unit sales volume 1,151,000 Sale price per unit $103 Variable cost per unit $62 Fixed operating costs $18,998,000 Fixed financing expenses $12,186,000 Given this information, what is the projected degree of financial leverage (DFL) for XYZ (show your answer to two decimal places, e g , 12 34)

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Jerry is a financial analyst at XYZ Industries. These are his projections for the upcoming year: Unit sales volume 1,151,000 Sale price per unit $103

Jerry is a financial analyst at XYZ Industries. These are his projections for the upcoming year:

Unit sales volume	1,151,000
Sale price per unit	$103
Variable cost per unit	$62
Fixed operating costs	$18,998,000
Fixed financing expenses	$12,186,000

Given this information, what is the projected degree of financial leverage (DFL) for XYZ? (show your answer to two decimal places, e.g., 12.34)

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