Question 19 Not yet answered Marked out of 1.00 Firm level data indicates that cash flows are correlated with profits. Both FHP and GH also find that cash flow is an important predictor of investment Some of the biggest tech companies like Apple (AAPL), Microsoft (MSFT) and Alphabet (GOOGL) have more than 100 billion dollars of cash stock. Can you then conclude that cash reserves in these companies are an indication of profitability of new investment Flag question Select one: a. Yes, it does indicate profitability of new investment b. No, it does not