Bailey Corp sold investments for $204,000 cash that cost $180,000. The journal entry to record the transaction which correctly shows the increase in cash flow is 204,000 O a Investments Cash 204,000 180,000 O b. Cash Investments 180.000 O c. Cash 180,000 Loss on Sale or investments Investments 24,000 204,000 Od Cash 204.000 Investments Gain on sale of investments 180,000 24,000 Assume that the balance of accounts payable does not change during a period. When preparing a statement of cash flows, an increase in ending inventory over beginning inventory will result in an adjustment to net income under the indirect approach because o the amount of cost of goods sold on an accrual basis is less than the amount of cash paid for purchases of inventory Ob the amount of cost of goods sold in equat to the amount of cash paid for purchases Oc.consumed inventory is an expense but not a use of funds Od the amount of cash paid for purchases of inventory is less than the amount of cost of goods sold on an accrual basis Use the following information to obtain the ratios below. Round amounts to one decimal place Net cash flows from operating activities Nel income Sales Average tofal assets Dividends Purchases of plant assets Sales of plant assets $837 million 465 million 6,750 million 7.150 million 105 million 170 million 380 million times % a Cash flow yield- b Cash flows to sales = Cash flows to assess d Free cash flow