Free Cash Flow Iron Ore Corporation reported free cash flows for 2022 of $109 million...
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Free Cash Flow Iron Ore Corporation reported free cash flows for 2022 of $109 million and investment in operating capital of $187 million. Iron Ore listed $37 million in depreciation expense and $53 million in taxes on its 2022 income statement. What was Iron Ore's 2022 EBIT?
A. 386 million
B. 312 million
C. 146 million
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