Computing ebit, Tater and Pepper incurred 13.6 million in depreciation expense and paid , Finance Basics

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Computing ebit

Tater and Pepper Corp. reported free cash flows for 2012 of 309.1 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 2012. Calculate Tater and Pepper's 2012 EBIT.

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Finance Basics: Computing ebit

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