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Use the below information to answer the following questions. Sales (1,000 units) $ 200,000 Variable costs 110,000 Contribution margin 90,000 40,000 Fixed manufacturing costs Operating

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Use the below information to answer the following questions. Sales (1,000 units) $ 200,000 Variable costs 110,000 Contribution margin 90,000 40,000 Fixed manufacturing costs Operating income 50,000 Interest 10,000 Earnings before taxes 40,000 Taxes (30%) 12,000 Net income $ 28,000 Shares Outstanding 1,000 Refer to the table. Answer the following question Compute the degree of financial leverage (DFL)? (Write your answer to 2 decimal places)

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