Use the following information about Rat Race Home Security, Inc. to answer the questions: Average selling price per unit
Posted: Sun Jul 03, 2022 12:54 pm
Use the following information about Rat Race Home Security, Inc.to answer the questions:
Average selling price per unit $320.
Variable cost per unit $183
Units sold 495
Fixed costs $6,239
Interest expense $12,021
Based on the data above, what is the degree of financialleverage of Rat Race Home Security, Inc.?
Average selling price per unit $320.
Variable cost per unit $183
Units sold 495
Fixed costs $6,239
Interest expense $12,021
Based on the data above, what is the degree of financialleverage of Rat Race Home Security, Inc.?