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Kazeer [188]
3 years ago
11

Tater and Pepper Corp. reported free cash flows for 2015 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 2015. Calculate Tater and Pepper's 2015 EBIT.
Business
1 answer:
lara [203]3 years ago
5 0

Answer:

$76.5 million

Explanation:

For computing the EBIT, first we have to do the following calculations

Free cash flow = Operating cash flow – Investment in operating capital  

$39.1 million = Operating cash flow -$ 22.1million

So, operating cash flow is

= $39.1 million + $22.1 million

= $61.20 million

Now

Operating cash flow  = EBIT – Taxes on EBIT + Depreciation  expenses

$61.2 million = EBIT- $28.9 million + $13.6 million

So, the EBIT is

= $61.2 million + $28.9 million - $13.6 million

= $76.5 million

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iragen [17]

Answer:

IT Department

Explanation:

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Answer:

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Explanation:

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3 years ago
When is humor beneficial to a team?
murzikaleks [220]

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4 0
2 years ago
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olganol [36]

Answer:

$50

Explanation:

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If I decide to go to the game, I forgot the opportunity of selling the ticket for $50 which is the next best use of the ticket.

I hope my answer helps you

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As part of their marketing strategy, companies will identify a target market, a group of similar people whose interest the company wants to gain.

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For more information on target market kindly check

brainly.com/question/24967768

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2 years ago
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