Question: Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company owns no plant assets and reported the following income statement for the current year:

 Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company

Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company owns no plant assets and reported the following income statement for the current year: Additional balance sheet information about the company follows: Use the information to Calculate the net cash flow from operating a. activities under the indirect method. $ Compute Lincoln Company's operating cash flow b. to current liabilities (OCFCL) ratio. (Assume current liabilities consist of accounts payable and wages payable.) (Round your answer to two decimal places.) x

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