Free cash flows and investment in operating capital

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Reference no: EM131572131

Tater and Pepper Corp. reported free cash flows for 2015 of $59.1 million and investment in operating capital of $42 1 million. Tater and Popper incurred $15.6 million in depredation expense and paid $21.1 million in taxes on EBIT in 2015.

Calculate Tater and Pepper's 2015 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.)

Reference no: EM131572131

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