25) (2pts) Lincoln Company engaged in this transaction: Retired long-term debt with cash. Operating activities section Does not represent a cash flow Investing activities section. Financing activities section. 26) The ability to pay bills when due and to meet unexpected needs for cash most closely describes (2pts) cash flow adequacy long-term solvency Oliquidity profitability. 27) In a common-size income statement for a retail store, the 100 percent amount is for (2pts) net revenues. cost of goods sold. gross profit. Unet income.