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Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $118 million and investment in operating capital of $181 million. Iron Ore
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $118 million and investment in operating capital of $181 million. Iron Ore listed $31 million in depreciation expense and $59 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT?
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