Question
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $111 million and investment in operating capital of $186 million. Iron Ore
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $111 million and investment in operating capital of $186 million. Iron Ore listed $36 million in depreciation expense and $54 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT?
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Finance Applications and Theory
Authors: Marcia Cornett, Troy Adair
3rd edition
1259252221, 007786168X, 9781259252228, 978-0077861681
