Question
Use the following information about Rat Race Home Security, inc to answer the questions: average selling price per unit $340 variable cost per unit $188
Use the following information about Rat Race Home Security, inc to answer the questions:
average selling price per unit $340
variable cost per unit $188
units sold 365
Fixed Costs $9,288
Interest Expense $16,716
Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
