Question: 1. Tater and Pepper Corp. reported free cash flows for 2015 of $58.1 million and investment in operating capital of $41.1 million. Tater and Pepper

Tater and Pepper Corp. reported free cash flows for 2015 of $58.1 million and investment in operating capital of $41.1 million. Tater and Pepper incurred $15.5 million in depreciation expense and paid $20.9 million in taxes on EBIT in 2015.

2.Free Cash FlowCatering Corp. reported free cash flows for 2008 of $8.04 million and investment in operating capital of $2.04 million. Catering listed $1.04 million in depreciation expense and $2.04 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT? $7 million $13.16 million $10.08 million $11.08 million

Calculate Tater and Peppers 2015 EBIT.(Enter your answer in millions of dollars rounded to 1 decimal place.)

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