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company has the following financial information for the year: Total Revenue: $ 4 0 0 , 0 0 0 Cost of Goods Sold ( COGS

company has the following financial information for the year:
Total Revenue: $400,000
Cost of Goods Sold (COGS): $300,000
Operating Expenses: $100,000
Interest Expense: $20,000
Taxes: $30,000
Calculate the company's EBIT.

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