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

Griffin Incorporated has the following data: Assets: $1,800,000 Interest rate: 5% Debt ratio: 22.0% Total Assets turnover: 1.24 Tax rate: 21.0% Profit margin: 11% What is the company's Operating Income? $324,851 $320,685 $506,521 $330,585 $396,000

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