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G. Grothe, Incorporated has the following data: Assets: $550,000 Interest rate: 6% Debt ratio: 31% Total Assets turnover: 1.8 Tax rate: 21% Profit margin: 11%

G. Grothe, Incorporated has the following data: Assets: $550,000 Interest rate: 6% Debt ratio: 31% Total Assets turnover: 1.8 Tax rate: 21% Profit margin: 11% What is the company's EBIT?

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