The following information is for a firm that has net debt, Finance Basics

The following information is for a firm that has net debt

Question: Free Cash Flow for a Net Debtor (Easy)

The following information is for a firm that has net debt on its balance sheet (in millions of dollars).

There were no share repurchases during 20 12. The firm reported net interest after tax of $4 million on its income statement for 2012, and this interest was paid in cash. Calculate the firms free cash flow for 2012.

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Finance Basics: The following information is for a firm that has net debt

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Finance Basics: The following information is for a firm that has net debt

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