Question
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $108 million and investment in operating capital of $188 million. Iron Ore
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $108 million and investment in operating capital of $188 million. Iron Ore listed $38 million in depreciation expense and $52 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT?
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Accounting A Systems Approach
Authors: Alison Warman, Jeff Davies
1st Edition
1861520379, 978-1861520371
