Comparative financial statement data for Carmono Company follow: For this year, the...
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Accounting
Comparative financial statement data for Carmono Company follow:
For this year, the company reported net income as follows:
This year Carmono declared and pald a cash dividend. There were no sales of property, plant, and equipment during this year. The
company did not repurchase any of its own stock this year.
Required:
Using the indirect method, prepare a statement of cash flows for this year.
Compute Carmono's free cash flow for this year.Using the indirect method, prepare a statement of cash flows for this year. List any deduction in cash and cash outflows as
negative amounts. Round your intermediate calculations and final answers to decimal places.
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Compute Carmono's free cash flow for this year. Negative amount should be indicated by a minus sign. Round your
intermediate calculations and final answer to decimal places.
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