Question
Tater and Pepper Corp. reported free cash flows for 2015 of $44.1 million and investment in operating capital of $27.1 million. Tater and Pepper incurred
Tater and Pepper Corp. reported free cash flows for 2015 of $44.1 million and investment in operating capital of $27.1 million. Tater and Pepper incurred $14.1 million in depreciation expense and paid $29.9 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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Content Audits And Inventories A Handbook For Content Analysis
Authors: Paula Ladenburg Land
2nd Edition
1937434826, 978-1937434823
