Question: nect. meducation.com/llow/connect.html due Apr 22 Saved Comparative financial statement data for Carmono Company follow: This Year Last Year Assets Cash Accounts receivable Inventory Total current


nect. meducation.com/llow/connect.html due Apr 22 Saved Comparative financial statement data for Carmono Company follow: This Year Last Year Assets Cash Accounts receivable Inventory Total current assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Total assets Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $ 250 $ 220 $ 40 $ 36 150 145 60 $ 250 $ 220 For this year, the company reported net income as follows: Sales Cost of goods sold 2.75 1 of 1 60 LU SLUUK Retained earnings Total liabilities and stockholders' equity $250 $ 220 points For this year, the company reported net income as follows: eBook $ 275 150 Hint Sales Cost of goods sold Gross margin Selling and administrative expenses Net income 125 Print $ 35 References This year Carmono declared and paid a cash dividend. There were no sales of property, plant, and equipment during this year 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. Complete this question by entering your answers in the tabs below. Prey 1 of 1 !!! Next For This Year Ended December 31 Operating activities: Investing activities: Financing activities Pe 1 of 1 Next
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