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During the year, the XYZ Company paid $200 in interest. The company is in the 25% tax bracket. It issued an additional $100 in notes
During the year, the XYZ Company paid $200 in interest. The company is in the 25% tax bracket. It issued an additional $100 in notes payable and an additional $150 in long-term debt. The firm paid $25 in dividends and bought back $120 in common stock. It also increased its short-term investments by $80.
Based on the information above, calculate the FCF for XYZ Company.
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