Calculate free cash flow

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Question: Calculate Free Cash Flow from a Cash Flow Statement (Easy) The following summarizes the parts of a firm's cash flow statement that have to do with operating and investing activities (in millions):

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The firm made interest payments of $1,342 million and received $876 in interest receipts from I-bills that it held. The tax rate is 35 percent. Calculate free cash flow.

Reference no: EM131487001

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