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5.This year, a company has 30 million in cash from operations (CFO), 6 million in after-tax interest expense that it treats as cash from financing

5.This year, a company has

  • 30 million in cash from operations (CFO),
  • 6 million in after-tax interest expense that it treats as cash from financing (CFF),
  • 2 million in interest received from other companies' bonds that it previously purchased, which it treats as cash from investing (CFI), and
  • 15 million in capital expenditures.

Under IFRS, the company's free cash flow to the firm (FCFF) is closest to ________ million : [enter a value only]

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