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The Poseidon Swim Company produces swim trunks. The average selling price for one of their swim trunks is $67.60. The variable cost per unit is $26.62, Poseidon Swim has average fixed costs per year of $8,304.

Determine the degree of operating leverage for the level of production and sales 425 swim trunks.

Round the answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92267935

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