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Homework #7B (Financial leverage)

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February 19th, 2023

Question 3 (1 point) Use the following information about Rat Race Home Security, Inc. to answer the questions:Average selling price per unit $333.Variable cost per unit $192Units sold 352Fixed costs $7,164Interest expense $18,245 Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?Your Answer:

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