Business Finance Homework Help

Business Finance Homework Help. What is the degree of combined leverage for this question?

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 $301.

Variable cost per unit $203

Units sold 353

Fixed costs $15,279

Interest expense $4,190

Based on the data above, what is the degree of total (combined) leverage of Haunted Forest, Inc.?

Round the answer to two decimals