What is the degree of financial leverage?

Business & Finance
Tutor: None Selected Time limit: 1 Day

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

Average selling price per unit $317.

Variable cost per unit $188

Units sold 492

Fixed costs $8,735

Interest expense $18,072

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

Oct 3rd, 2015

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Oct 3rd, 2015

Thank you!

Oct 3rd, 2015

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