Below is information from the statement of cash flow and income statement for Garland Products,Inc.for 2012 and 2011.Marketable securities represent investments of excess cash that Garland Products does not need for operations.Garland Products' tax rate is 35%.
Using the above information calculate the amount of free cash flows for common equity shareholders for Garland Products for year 2012 and 2011.
Definitions:
Arts and Crafts
Creative activities involving the creation of artistic works, using hands-on skills in areas like woodworking, painting, or knitting.
Acceptance
The process of recognizing and welcoming reality as it is, without attempting to change or protest it.
Termination Phase
The final stage in a process, therapy, or relationship, where closure and resolution of goals are sought.
Termination Phase
The final stage in a process, therapy, or sequence where activities are concluded, and the relationship between the involved parties is officially ended.
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