Selected data taken from a recent years financial statements of trading card company Buttery Company, Inc. are as follows (in millions).

Net sales	$326.7
Current liabilities, beginning of year	41.1
Current liabilities, end of year	62.4
Net cash provided by operating activities	11.4
Total liabilities, beginning of year	65.2
Total liabilities, end of year	73.2
Capital expenditures	3.7
Cash dividends	6.2

Compute the free cash flow. Provide a brief interpretation of your results.

	Free Cash Flow	= Cash provided by operating activities Capital expenditures Cash dividends

(Cash provided by oper. act. Cap. expend. Cash div.)