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Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $338. Variable cost per unit $186

Use the following information about Rat Race Home Security, Inc. to answer the questions:

Average selling price per unit $338.

Variable cost per unit $186

Units sold 312

Fixed costs $6,930

Interest expense $18,427

Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?

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