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Hang Ten Surfing Supplies have annual sales of $25 million, of which 3% goes to net margin. Their balance sheet indicates that they carry $7.5

Hang Ten Surfing Supplies have annual sales of $25 million, of which 3% goes to net margin. Their balance sheet indicates that they carry $7.5 million in debt, on which they pay interest of 10%. They pay corporate taxes of 40%. What is their EBIT

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