Tater and Pepper Corp. reported free cash flows for 2021 of $39.1 million and investment in operating

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Tater and Pepper Corp. reported free cash flows for 2021 of $39.1 million and investment in operating capital of $22.1 million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2021. Calculate Tater and Pepper’s 2021 EBIT.

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Finance Applications And Theory

ISBN: 9781260013986

5th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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