Question
Tater and Pepper Corp. reported free cash flows for 2015 of $41.1 million and investment in operating capital of $24.1 million. Tater and Pepper incurred
| Tater and Pepper Corp. reported free cash flows for 2015 of $41.1 million and investment in operating capital of $24.1 million. Tater and Pepper incurred $13.8 million in depreciation expense and paid $29.3 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.) |
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Ethics in Accounting A Decision Making Approach
Authors: Gordon Klein
1st edition
1118928334, 978-1118928332
