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Assets: $200,000; Profit margin: 6.0%; Tax rate: 30%; Debt ratio: 40.0%; Interest rate: 8.0%: Total assets turnover: 3.0. Determine EBIT to the nearest dollar amount
Assets: $200,000; Profit margin: 6.0%; Tax rate: 30%; Debt ratio: 40.0%; Interest rate: 8.0%: Total assets turnover: 3.0. Determine EBIT to the nearest dollar amount
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