Question
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $112 million and investment in operating capital of $185 million. Iron Ore
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $112 million and investment in operating capital of $185 million. Iron Ore listed $35 million in depreciation expense and $55 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT?
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
10th Edition
0135160618, 978-0135160619
