Free Cash Flow-Iron Ore Corp. reported free cash flows

by | Mar 18, 2020 | Uncategorized

  

1. Free Cash Flow Iron Ore Corp. reported free cash flows for 2008 of $99 million and investment in operating capital of $194 million. Iron Ore listed $44 million in depreciation expense and $46 million in taxes on its 2008 income statement. What was Iron Ore’s 2008 EBIT?

  

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