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Re: alkalinesolution1 post# 12190

Saturday, 09/27/2014 9:36:15 PM

Saturday, September 27, 2014 9:36:15 PM

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Alkaline,

I worked for a company that manufactured Capital equipment and it was pretty much the rule of thumb that if your EBIT (earnings before interest and taxes) was around 15% you were doing pretty well. 15% of $200 million is $30 million and that's where that number comes from.
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