Question: Please ANSWER ALL. PLEASE.. Help me understand 111 Comparative financial statement data for Carmono Company follow. For this year, the company reported net income as
Please ANSWER ALL. PLEASE..
Help me understand
111
Comparative financial statement data for Carmono Company follow. For this year, the company reported net income as follows: This year Carmono declared 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: 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 2 decimal places.) Compute Carmonos free cash flow for this year (Negative amount should be indicated by a minus sign. Round your Intermediate calculations and final answer to 2 decimal places.) For the just completed year. Hanna Company had net income of $77,000. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows: The Accumulated Depreciation account had total credits of $46,000 during the year. Hanna Company did not record any gains or losses during the year. Required: Use the indirect method to determine the net cash provided by (or used in) operating activities for the year. (List any deduction in cash and cash outflows as negative amounts.) Apex Company prepared the statement of cash flows for the current year that is shown below
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