What is lone star ebit
Please show calculations.Lone Star Plastics has the following data:Assets: $100,000; Profit margin: 6.0%; Tax rate: 40%; Debt ratio: 40.0%; Interest rate: 8.0%: Total assets turnover: 3.0.What is Lone Star's EBIT?
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Assets: $100,000; Profit margin: 6.0%; Tax rate: 40%; Debt ratio: 40.0%; Interest rate: 8.0%: Total assets turnover: 3.0. What is Lone Star's EBIT?
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