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Using the indirect method, prepare a statement of cash flows for this year. (List any...

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Accounting

Using the indirect method, prepare a statement of cash flows for this year. (List any deduction in cash and cash outflows as Comparative financial statement data for Carmono Company follow:
For this year, the company reported net income as follows:
This year Carmono declared and pald 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.
Compute Carmono's free cash flow for this year.
negative amounts. Round your intermediate calculations and final answers to 2 decimal places.)
Show Transcribed Text
Required 1
Required 2
Compute Carmono's 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.)
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