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kvv77 [185]
3 years ago
11

Iron Ore Corp. reported free cash flows for 2008 of $91 million and investment in operating capital of $199 million. Iron Ore li

sted $49 million in depreciation expense and $41 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT
Business
1 answer:
wolverine [178]3 years ago
6 0

Answer:

$282 million

Explanation:

Free cash flow = Operating Cash flow - Investment in operating cash flow

91 million = Operating cash flow - 199 million

Thus Operating Cash flow= 91 million + 199 million

Operating Cash flow = 290 million

OCIT= EBIT - Taxes + Depreciation

EBIT= OCIT + Taxes - Depreciation

EBIT= 290 million + 41 million - 49 million

EBIT = $282 million

Iron Ore's 2008 EBIT is $282 million

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Explanation:

Business to business, known as B2B are forms of transaction between businesses, which could likely be a wholesaler and retailer or the manufacturer and wholesaler. It's estimated that a B2B sales cost $400

8 0
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Why is it necessary for the seller of real estate and the listing agent to discuss which items to include in the sale of the pro
stellarik [79]
Because some of the items in the estate might be damaged or might be old and torn down & they wouldn't want to include them in the selling of the home, because it could put a bad reputation on the home.
6 0
3 years ago
The upper management of Barcelona Restaurant Group believes that success depends on employees who are self-starters and empowere
Sonja [21]

Answer:

Constructive Conflict and Coordination

Explanation:

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The Constructive Conflict Coordination principle advocates the school of thought that employees should be allowed to be  self starters whose conflicting situations are treated constructively. Furthermore, management should basically serve as a tool for coordinating activities and actions rather than controlling and demanding adherence.  

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5 0
3 years ago
According to which ethical rule can a defense attorney refuse to share the defendant’s information with others?
spayn [35]
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3 years ago
Dividend growth rate is important to many investors. You are considering investing in a firm after looking at the firm's dividen
Gennadij [26K]

Answer:

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So option (c) will be the correct answer

Explanation:

We have given principal amount in 2002 is $1.15

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We have to find the rate of interest

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