Business
Business, 01.10.2019 22:30, krishimotam

Firms in japan often employ both high operating and financial leverage because of the use of modern technology and close borrower–lender relationships. assume the mitaka company has a sales volume of 150,000 units at a price of $30 per unit; variable costs are $7 per unit, and fixed costs are $2,050,000. interest expense is $425,000. what is the degree of combined leverage for this japanese firm? (round your answer to 2 decimal places.)

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