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 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.)
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