Tater and Pepper Corp. reported free cash flows for 2021 of $51.1 million and investment in operating capital of $34.1 million. Tater and Pepper incurred $14.8 million in depreciation expense and paid $25.3 million in taxes on EBIT in 2021. Calculate Tater and Pepper's 2021 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million
Tater and Pepper Corp. reported free cash flows for 2021 of $51.1 million and investment in operating capital of $34.1 million. Tater and Pepper incurred $14.8 million in depreciation expense and paid $25.3 million in taxes on EBIT in 2021. Calculate Tater and Pepper's 2021 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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