Question
Use the following information below to answer the following questions: Average selling price per unit $12.00 Variable cost per unit $6.00 Units sold 500,000 Fixed
Use the following information below to answer the following questions:
Average selling price per unit $12.00
Variable cost per unit $6.00
Units sold 500,000
Fixed costs $520,000
Debt = $8,000,000
Interest cost = 5%
Calculate the degree of operating leverage and financial leverage
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College Accounting Chapters 1- 15
Authors: James A Heintz, Robert W Parry
23rd Edition
1337794767, 9781337794763
