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Question - Tater and Pepper Corp. reported free cash flows for 2015 of $41.1 million and investment in operating capital of $24.1 million. Tater and Pepper incurred $13.8 million in depreciation expense and paid $29.3 million in taxes on EBIT in 2015.

Calculate Tater and Pepper's 2015 EBIT.

Accounting Basics, Accounting

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