Question: Preparing a Statement of Cash Flows (Indirect Method) Rainbow Company's income statement and comparative balance sheets follow. begin{tabular}{ll|l|} part a. & part b. & part

 Preparing a Statement of Cash Flows (Indirect Method) Rainbow Company's incomestatement and comparative balance sheets follow. \begin{tabular}{ll|l|} part a. & part b.

& part c. \end{tabular} c. Prepare separate schedules showing (1) cash paid

Preparing a Statement of Cash Flows (Indirect Method) Rainbow Company's income statement and comparative balance sheets follow. \begin{tabular}{ll|l|} part a. & part b. & part c. \end{tabular} c. Prepare separate schedules showing (1) cash paid for interest and for income taxes and (2) noncash investing and financing transactions. \begin{tabular}{|l|l|} \hline (1) Supplemental Cash Flow Disclosures & \\ \hline Cash paid for interest & $ \\ \hline Cash paid for income taxes & $ \\ \hline (2) Schedule of noncash investing and financing activities: & \\ \hline & \\ \hline \end{tabular} Please answer all parts of the question. d. Compute its (1) operating cash flow to current liabilities ratio, (2) operating cash flow to capital expenditures ratio, and (3) free cash flow. Round your answers to (1) and (2) to two decimal places. Please answer all parts of the

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