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LSP Construction recently reported $200 million of sales, $120 million of operating costs other than depreciation, and $80 million of depreciation. It had $10 million
LSP Construction recently reported $200 million of sales, $120 million of operating costs other than depreciation, and $80 million of depreciation. It had $10 million interest expense, and its federal-plus-state income tax rate was 40%. What was LSP operating income, or EBIT, in millions?
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