50.1K
Verified Solution
Link Copied!
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 $328.
Variable cost per unit $208
Units sold 345
Fixed costs $15,907
Interest expense $3,001
Based on the data above, what is the degree of total (combined) leverage of Haunted Forest, Inc.?
Round the answer to two decimals
Answer & Explanation
Solved by verified expert