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Homework #7C (Total (Combined) leverage) 1

March 18th, 2019 admin

Question 2(1 point)
Haunted Forest Inc.is selling fog machines.
Use the following information about Haunted Forest Inc. to answer the following questions.
Average selling price per unit $316.
Variable cost per unit $218
Units sold 373
Fixed costs $16349
Interest expense $4388
Based on the data above what is the degree of total (combined) leverage of Haunted Forest Inc.?
Round the answer to two decimals

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