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Calculate tater and pepper ebit

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Reference no: EM132495366

Tater and Pepper Corp. reported free cash flows for 2018 of $57.1 million and investment in operating capital of $40.1 million. Tater and Pepper incurred $15.4 million in depreciation expense and paid $20.7 million in taxes on EBIT in 2018.

Question 1: Calculate Tater and Pepper's 2018 EBIT.

 

Reference no: EM132495366

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