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Comparatlve financlal statement data for Carmono Company follow: For thls year, the company reported net Income as follows: This year Carmono declared and paid a
Comparatlve financlal statement data for Carmono Company follow:
For thls year, the company reported net Income as follows:
This year Carmono declared and paid a cash dlvidend. 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.
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Required
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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