Calculate free cash flow from a cash flow statement easy, Finance Basics

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Calculate free cash flow from a cash flow statement easy

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.

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Finance Basics: Calculate free cash flow from a cash flow statement easy

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