Question
Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $316. Variable cost per unit $200
Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $316.
Variable cost per unit $200
Units sold 330
Fixed costs $5,479
Interest expense $18,718
Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
