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Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $310. Variable cost per unit $190

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

Average selling price per unit $310.

Variable cost per unit $190

Units sold 419

Fixed Costs $6,981

Interest expense $17,544

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

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