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Lone Star Plastics has the following data. What is Lone Star's EBIT? Assets: $100,000; Profit margin: 6.0%; Tax rate: 40%; Debt ratio: 40.0%; Interest rate:

Lone Star Plastics has the following data. What is Lone Star's EBIT?

Assets: $100,000; Profit margin: 6.0%; Tax rate: 40%;

Debt ratio: 40.0%; Interest rate: 8.0%: Total assets turnover: 3.0.

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