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CH FIC 2. Long-term investments were sold for $150 million, which included a gain of $70 million Required Using the above financial data for the

CH FIC 2. Long-term investments were sold for $150 million, which included a gain of $70 million Required Using the above financial data for the Lincoln Corporation, prepare the firm's statement of cash flow for 2020 using the indirect method. What does the company's statement of cash flow reveal about the business's financial health? Statement of Cash Flow. Presented below are the consolidated financial statements of The Brattle Corpora- tion as of year-end 2020 and 2019. THE BRATTLE CORPORATION Consolidated Balance Sheets As of Year-End (s thousands) 2020 2019 Assets Current assets Cash $ 450.000 $ 250.000 Accounts receivable (net) 990,000 760,000 Inventory 695,000 400.000 Prepaid expenses 100,000 100,000 Total current assets 2,235.000 1.510,000 Investments in affiliate companies 100.000 Property and equipment 1.310,000 800.000 Less: Accumulated depreciation (110,000) (80.000 Property & equipment (not) 1.200.000 720.000 Total assets $3,535,000 $2.230.000 Candge Cambridge Business As of Year-End 2020 2010 L & Shareholders Equity $ 500.000 $570.000 200.000 70.000 30 000 500.000 340.000 Ovidends paratie 720.000 720.000 300.000 5000 000 200.000 1.160.000 150 000 1 510.000 $2.230.000 Year Ended 2019 $18.00.00 14.015.000 $12.000.000 10.400.000 1.800.000 1.048.000 Senosive Depreciation neome tas expense Net income 505,000 330.000 Required Ubowe financial prepare the same for 2000 P324 Statement of Cash Flow Peened below at the condicio SEDGWICK TIRES Assets Current Asset Cash and cash equivalent Merchandise vention Noncurrent CH FIC 2. Long-term investments were sold for $150 million, which included a gain of $70 million Required Using the above financial data for the Lincoln Corporation, prepare the firm's statement of cash flow for 2020 using the indirect method. What does the company's statement of cash flow reveal about the business's financial health? Statement of Cash Flow. Presented below are the consolidated financial statements of The Brattle Corpora- tion as of year-end 2020 and 2019. THE BRATTLE CORPORATION Consolidated Balance Sheets As of Year-End (s thousands) 2020 2019 Assets Current assets Cash $ 450.000 $ 250.000 Accounts receivable (net) 990,000 760,000 Inventory 695,000 400.000 Prepaid expenses 100,000 100,000 Total current assets 2,235.000 1.510,000 Investments in affiliate companies 100.000 Property and equipment 1.310,000 800.000 Less: Accumulated depreciation (110,000) (80.000 Property & equipment (not) 1.200.000 720.000 Total assets $3,535,000 $2.230.000 Candge Cambridge Business As of Year-End 2020 2010 L & Shareholders Equity $ 500.000 $570.000 200.000 70.000 30 000 500.000 340.000 Ovidends paratie 720.000 720.000 300.000 5000 000 200.000 1.160.000 150 000 1 510.000 $2.230.000 Year Ended 2019 $18.00.00 14.015.000 $12.000.000 10.400.000 1.800.000 1.048.000 Senosive Depreciation neome tas expense Net income 505,000 330.000 Required Ubowe financial prepare the same for 2000 P324 Statement of Cash Flow Peened below at the condicio SEDGWICK TIRES Assets Current Asset Cash and cash equivalent Merchandise vention Noncurrent