Below is information from the statement of cash flow and income statement for Graham Products, Inc. for 2002 and 2001. Marketable securities represent investments of excess cash that Graham Products does not need for operations. Graham Products' tax rate is 35%.
Using the above information calculate the amount of free cash flows for common equity shareholders for Graham Products for year 2002 and 2001.

Question

Below is information from the statement of cash flow and income statement for Graham Products, Inc. for 2002 and 2001. Marketable securities represent investments of excess cash that Graham Products does not need for operations. Graham Products' tax rate is 35%.
  Using the above information calculate the amount of free cash flows for common equity shareholders for Graham Products for year 2002 and 2001.

Quizplus · Accepted Answer

The Answer of Below is information from the statement of cash flow and income statement for Graham Products, Inc. for 2002 and 2001. Marketable securities represent investments of excess cash that Graham Products does not need for operations. Graham Products' tax rate is 35%.
  Using the above information calculate the amount of free cash flows for common equity shareholders for Graham Products for year 2002 and 2001.

Below Is Information from the Statement of Cash Flow and Income