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Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $301. Variable cost per unit $196

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

Average selling price per unit $301.

Variable cost per unit $196

Units sold 430

Fixed costs $7,147

Interest expense $16,350

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

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