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Tater and Pepper Corp. reported free cash flows for 2015 of $45.1 million and in

ID: 2638524 • Letter: T

Question

Tater and Pepper Corp. reported free cash flows for 2015 of $45.1 million and investment in operating capital of $28.1 million. Tater and Pepper incurred $14.2 million in depreciation expense and paid $30.1 million in taxes on EBIT in 2015.

Calculate Tater and Pepper

Tater and Pepper Corp. reported free cash flows for 2015 of $45.1 million and investment in operating capital of $28.1 million. Tater and Pepper incurred $14.2 million in depreciation expense and paid $30.1 million in taxes on EBIT in 2015.

Explanation / Answer

CASH FLOWS $45.1 MILLION INVESTMENT 28.1 MILLION TAXES 30.1 MILLION TOTAL $103.3 MILLION LESS DEPRECIATION EXPENSE 14.2 MILLION EBIT $89.1 MILLION

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