Question
Problem 2-12 Free Cash Flow (LG2-5) Tater and Pepper Corp. reported free cash flows for 2015 of $50.1 million and investment in operating capital of
Problem 2-12 Free Cash Flow (LG2-5)
| Tater and Pepper Corp. reported free cash flows for 2015 of $50.1 million and investment in operating capital of $33.1 million. Tater and Pepper incurred $14.7 million in depreciation expense and paid $31.1 million in taxes on EBIT in 2015. |
| Calculate Tater and Peppers 2015 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) |
| EBIT | $ m |
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New Issues In Financial Institutions Management
Authors: F Fiordelisi, P Molyneux, D Previati
2010th Edition
0230278108, 978-0230278103
