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MBA (IT), PHD
Kaplan University
Apr-2009 - Mar-2014
Professor
University of Santo Tomas
Aug-2006 - Present
Homework #7B (Financial leverage)
Finance
Question 1Â (1 point)
ÂIrresistible Chips is reviewing its financial condition. The firm generated an operating profit of $3,300,320. The firm’s interest expense was $2,739,080.
 What is the firm’s degree of financial leverage? Round the answer to two decimals
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