Question
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $94 million and investment in operating capital of $197 million. Iron Ore
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $94 million and investment in operating capital of $197 million. Iron Ore listed $47 million in depreciation expense and $43 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT?
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Fundamentals Of Financial Management
Authors: Richard Bulliet, Eugene F Brigham, Brigham/ Houston
11th Edition
1111795207, 9781111795207
