Tater and Pepper Corporation reported free cash flows for 2023 of $48.1 million and investment...

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Finance

Tater and Pepper Corporation reported free cash flows for 2023 of $48.1 million and investment in operating capital of $31.1 million. Tater and Pepper incurred $14.5 million in depreciation expense and paid $30.7 million in taxes on EBIT in 2023. Calculate Tater and Peppers 2023 EBIT. Note: Enter your answer in millions of dollars rounded to 1 decimal place. (i.e., Enter 5,500,000 as 5.5.)

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