Question: Comparative financial statement data for Carmono Company follow: For this year, the company reported net income as follows: table [ [ Sales ] ,

Comparative financial statement data for Carmono Company follow:
For this year, the company reported net income as follows:
\table[[Sales],[Cost of goods sold],[Gross margin]]
This year Carmono paid a cash dividend but it did not sell any property, plant, and equipment or repurchase any of its own stock.
Required:
Using the indirect method, prepare a statement of cash flows for this year.
Compute Carmono's free cash flow for this year.
Complete this question by entering your answers in the tabs below.
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Using the indirect method, prepare a statement of cash flows for this year.
Note: List any deduction in cash and cash outflows as negative amounts. Round your intermediate calculations and final answers to 2 decimal places.
Carmono Company
Statement of Cash Flows
For This Year Ended December 31
Comparative financial statement data for Carmono

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