Question: I can not figure out how to solve this problem Use the following information about Rat Race Home Security, Inc. to answer the questions: Average
I can not figure out how to solve this problem
Use the following information about Rat Race Home Security, Inc. to answer the questions:
Average selling price per unit $321.
Variable cost per unit $192
Units sold 419
Fixed costs $5,638
Interest expense $14,342
Based on the data above, what is the degree of financial leverage of Rat Race Home Security, Inc.?
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