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Deci-Bell, Inc. is producing new headphones, but first management wants to determine its degree of operating leverage. Deci-Bell Inc. has a base level of sales of 339,396 units. Sales price per unit is $154.93 and variable cost per unit is $63.32. Total annual operating fixed costs are $7,692,310.

Calculate Deci-Bell's degree of operating leverage. Round the answer to two decimal places

Financial Management, Finance

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