A company has unit sales of 300,000, the unit variable cost is $1.50, the unit sales price is $2.00, and the annual fixed costs are $50,000. Furthermore, the annual interest expense is $20,000, and the company has no preferred stock. Accordingly, the degree of total leverage is

 

A.    1.875                                 B.    1.50                                C.    1.25                                D.    1.20

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Status NEW Posted 25 Jul 2017 12:07 PM My Price 5.00

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