Question: Free cash flow is defined as: a. debt at zero percent interest. b. cash flow that is not required for investing in fixed assets only.

Free cash flow is defined as:

a. debt at zero percent interest.

b. cash flow that is not required for investing in fixed assets only.

c. cash flow that is not required for investing in working capital only.

d. cash flow that is not required for investing in either fixed assets or working capital.

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