Tater and Pepper Corp. reported free cash flows for 2010 of $20 million and investment in operating capital of $15 million. Tater and Pepper listed $8 million in depreciation expense and $12 million in taxes on its 2010 income statement. Calculate Tater and Pepper's 2010 EBIT.
$49 million
$39 million
$42 million
$47 million
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here