Calculate salt and pepper 2011 ebit

Reference no: EM13292552

Salt and Pepper Corp. reported free cash flows for 2011 of $52.1 million and investment in operating capital of $35.1 million. Salt and Pepper incurred $14.9 million in depreciation expense and paid $25.5 million in taxes on EBIT in 2012. Calculate Salt and Pepper's 2011 EBIT.

Reference no: EM13292552

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