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Use the following information below to answer the following questions: Average selling price per unit $10.00 Variable cost per unit $5.00 Units sold 500,000 Fixed
Use the following information below to answer the following questions: Average selling price per unit $10.00 Variable cost per unit $5.00 Units sold 500,000 Fixed costs $220,000 Debt = $5,000,000 Interest cost = 5% Calculate the degree of operating leverage and financial leverage
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