Tater and Pepper Corp. reported free cash flows for 2021 of $39.1 million and investment in operating
Question:
Tater and Pepper Corp. reported free cash flows for 2021 of $39.1 million and investment in operating capital of $22.1 million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2021. Calculate Tater and Pepper’s 2021 EBIT.
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Tater and Peppers free cash flow for 2021 was FCF Operating cash flo...View the full answer
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Ashok Kumar Malhotra
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Related Book For
Finance Applications And Theory
ISBN: 9781260013986
5th Edition
Authors: Marcia Cornett, Troy Adair, John Nofsinger
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