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Griffin Incorporated has the following data: Assets: $1,800,000 Debt ratio: 22.0% Tax rate: 21.0% Interest rate: 5% Total Assets turnover: Profit margin: 11% What

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Griffin Incorporated has the following data: Assets: $1,800,000 Debt ratio: 22.0% Tax rate: 21.0% Interest rate: 5% Total Assets turnover: Profit margin: 11% What is the company's Operating Income? 1.24

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