Solved: Tater and pepper incurred 141 million in depreciation, Accounting Basics

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Tater and pepper incurred 141 million in depreciation

Question - Tater and Pepper Corp. reported free cash flows for 2015 of $44.1 million and investment in operating capital of $27.1 million. Tater and Pepper incurred $14.1 million in depreciation expense and paid $29.9 million in taxes on EBIT in 2015.

Calculate Tater and Pepper's 2015 EBIT.

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Accounting Basics: Tater and pepper incurred 141 million in depreciation

Reference No:- TGS02675269

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Accounting Basics: Tater and pepper incurred 141 million in depreciation

Reference No:- TGS02675269

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