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Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $342. Variable cost per unit $197
Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $342.
Variable cost per unit $197
Units sold 426
Fixed costs $9,054
Interest expense $12,507
Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?
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