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Exercise 12-6 Prepare a Statement of Cash Flows; Free Cash Flow [LO12-1, LO12-2, LO12-3] Comparative financial statement data for Carmono Company follow This Year Last

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Exercise 12-6 Prepare a Statement of Cash Flows; Free Cash Flow [LO12-1, LO12-2, LO12-3] Comparative financial statement data for Carmono Company follow This Year Last Year Assets Cash Accounts receivable Inventory 10.00 $ 19.00 60.00 53.00 05.00 92.20 Total current assets 175.00 164.20 Property, plant, and equipment 246.00 204.00 49.60 37.20 Less accumulated depreciation Net property, plant, and equipment 196.40 166.80 Total assets $ 371.40 $331.00 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings S 63.00 51.00 138.00 106.00 170.40 174.00 Total liabilities and stockholders' equity $371.40 $331.00

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