Question
Tater and Pepper Corp. reported free cash flows for 2021 of $54.1 million and investment in operating capital of $37.1 million. Tater and Pepper incurred
Tater and Pepper Corp. reported free cash flows for 2021 of $54.1 million and investment in operating capital of $37.1 million. Tater and Pepper incurred $15.1 million in depreciation expense and paid $20.1 million in taxes on EBIT in 2021.
Calculate Tater and Peppers 2021 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.)
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Fundamentals Of Futures And Options Markets
Authors: John C. Hull
7th Edition
0136103227, 9780136103226
