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United shack company sells 40 -pound bags of peanuts to university dormitories for $42 a bag. The fixed costs of this operation are $8417,120 , while the variable costs of peanuts are $0.26 per pound. If united snack company has an annual interest expense of $26,000, calculate the degree of financial leverage at both 20,000 And 25,000 bags.
Sagot :
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