Cartering corp reported free cash flows for 2018 of 12 million and investment in operating capital...
Cartering corp reported free cash flows for 2018 of 12 million and investment in operating capital by 3 Million. Catering listed $4 million in depreciation expense and $2 million in tax on 2018 statements. Whats the EBIT?
a. 7 million
b. 21 million
c. 11 million
d.13 million
Homework Answers
Ans: Option D, $ 13milion
Free cash flow = Operating cash flow – investment in operating capital
$12MILLION = Operating cash flow – $3MILLION
Operating cash flow = $12MILLION+$3MILLION
= $15MILLION
Substitute operating cash flow in the below formula.
Operating cash flow = EBIT (1-tax rate) +Depreciation
$15MILLION = EBIT-EBIT*Tax rate + Depreciation
$15MILLION = EBIT – $2MILLION +$ 4MILLION
EBIT = $15+$2-$4
= $ 13MILLION
Add Answer to:
Cartering corp reported free cash flows for 2018 of 12 million
and investment in operating capital...
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.15 million and investment...
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.15 million and investment in operating capital of $2.15 million. Catering listed $0.94 million in depreciation expense and $2.15 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT?
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.01 million and investment...
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.01 million and investment in operating capital of $2.01 million. Catering listed $1.01 million in depreciation expense and $2.01 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT?
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.11 million and investment...
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.11 million and investment in operating capital of $211 million Catering listed $0.98 million in depreciation expense and $2.11 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT? Multiple Choice () $3.31 million $11.35 milion
Tater and Pepper Corp. reported free cash flows for 2018 of $49.1 million and investment in...
Tater and Pepper Corp. reported free cash flows for 2018 of $49.1 million and investment in operating capital of $32.1 million. Tater and Pepper incurred $14.6 million in depreciation expense and paid $30.9 million in taxes on EBIT in 2018. Calculate Tater and Pepper’s 2018 EBIT.
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $108 million and investment in operating capital of $...
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $108 million and investment in operating capital of $188 million. Iron Ore listed $38 million in depreciation expense and $52 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT?
Check my work Tater and Pepper Corp. reported free cash flows for 2018 of $39.1 million...
Check my work Tater and Pepper Corp. reported free cash flows for 2018 of $39.1 million and investment in operating capital of $22.1 million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2018. Calculate Tater and Pepper's 2018 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $102 million and...
Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $102 million and investment in operating capital of $192 million. Iron Ore listed $42 million in depreciation expense and $48 million in taxes on its 2008 income statement. What was Iron Ore's 2008 EBIT?
Help Sove & Exit Submit Tater and Pepper Corp. reported free cash flows for 2018 of...
Help Sove & Exit Submit Tater and Pepper Corp. reported free cash flows for 2018 of $49.1 million and investment in operating capital of $32.1 million Tater and Pepper incurred $14.6 million in depreciation expense and paid $30.9 million in taxes on EBIT in 2018 Calculate Tater and Pepper's 2018 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million
all answers. no explanation (just answers) Tater and Pepper Corp. reported free cash flows for 2018...
all answers. no explanation (just answers)
Tater and Pepper Corp. reported free cash flows for 2018 of $39.1 million and investment in operating capital of $221 million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2018. Calculate Tater and Pepper's 2018 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million Mr. Husker's Tuxedos Corp. began the year 2018 with $256 million in retained earnings....
Dent Corp. has just reported annual free-cash-flows of $1,500 million. Dent Corp. expects to have an...
Dent Corp. has just reported annual free-cash-flows of $1,500 million. Dent Corp. expects to have an investment ratio of 60% and an ROIC of 25% indefinitely. Dent Corp currently has $ 500 million in net debt, 300 million shares outstanding, and an annual weighted average cost of capital of 20.00%. Given this information, estimate the price of a share of Dent Corp.’s common stock using the discount free-cash-flow model. Round your final answer to two decimals.
Free Cash Flow Catering Corp. reported free cash flows for 2008 of $8.11 million and investment in operating capital of $211 million Catering listed $0.98 million in depreciation expense and $2.11 million in taxes on its 2008 income statement. What was Catering's 2008 EBIT? Multiple Choice () $3.31 million $11.35 milion
Check my work Tater and Pepper Corp. reported free cash flows for 2018 of $39.1 million and investment in operating capital of $22.1 million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2018. Calculate Tater and Pepper's 2018 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million
Help Sove & Exit Submit Tater and Pepper Corp. reported free cash flows for 2018 of $49.1 million and investment in operating capital of $32.1 million Tater and Pepper incurred $14.6 million in depreciation expense and paid $30.9 million in taxes on EBIT in 2018 Calculate Tater and Pepper's 2018 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million
all answers. no explanation (just answers)
Tater and Pepper Corp. reported free cash flows for 2018 of $39.1 million and investment in operating capital of $221 million. Tater and Pepper incurred $13.6 million in depreciation expense and paid $28.9 million in taxes on EBIT in 2018. Calculate Tater and Pepper's 2018 EBIT. (Enter your answer in millions of dollars rounded to 1 decimal place.) EBIT million Mr. Husker's Tuxedos Corp. began the year 2018 with $256 million in retained earnings....
Most questions answered within 3 hours.
-
Write a C++ program that will convert distance measurements from
miles to kilometers. Specifically, the program...
asked 8 seconds from now -
Given the following stresses (in MP a); in each case:
(a) Find the principal stresses σ1;...
asked 4 minutes ago -
You are one of the first engineers hired into the
manufacturing engineering department at a brand...
asked 9 minutes ago -
Suppose car models A, B, and C are popular among drivers.
Suppose 12% of the drivers...
asked 26 minutes ago -
write a program that finds the number of zeros in an 8-bit data
item using assembly...
asked 27 minutes ago -
Which statement is always true: The total energy of a closed
system...
A) is always equally...
asked 40 minutes ago -
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 2 hours ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 3 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 4 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 5 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 6 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 6 hours ago