Question
Tater and Pepper Corp. reported free cash flows for 2021 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 2021 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 2021.
Calculate Tater and Peppers 2021 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.)
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Financial Ratio Analysis
Authors: Andrew P.C.
1st Edition
1973493381, 978-1973493389
