Question: Comparative financial statement data for Carmono Company follow: For this year, the company reported net income as follows: This year Carmono deciared and paid a

Comparative financial statement data for Carmono Company follow: For this year,
the company reported net income as follows: This year Carmono deciared and

Comparative financial statement data for Carmono Company follow: For this year, the company reported net income as follows: This year Carmono deciared and paid 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: 1. Using the indirect method, prepare a statement of cash flows for this year 2. Compute Carmono's free cash flow for this year. Using the indirect method, prepare a statement of cash flows for this year. (List anv deduction in cash and cash outfiows as vaces.)

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