Report to the investment community

Assignment Help Financial Management

Reference no: EM131359109

These individuals follow a firm, conduct their own evaluations of the company's business activities, and report to the investment community.

A) Auditors

B) Investment analysts

C) Investment bankers

D) Credit analysts

2. Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.12 million and investment in operating capital of $2.12 million. Catering listed $0.97 million in depreciation expense and $2.12 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT?

A) $11.39 million

B) $13.33 million

C) $7.15 million

D) $10.24 million

Reference no: EM131359109

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