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Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit $306. Variable cost per unit $185

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

Average selling price per unit $306.

Variable cost per unit $185

Units sold 320

Fixed costs $5,715

Interest expense $17,348

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

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