Rathin * Access X OM 739/quizzes/156103/take Question 5 pts Net income $200 Increase in plant and equip $ 110 Depreciation expense 50 Payment of dividends 25 Increase in accts receivables 30 Increase in long-term debt 100 Decrease in inventories 10 Decrease in accounts payable 20 What is cash flow from investing activities for Casey Company? ($215) $215 O ($110) $90 O hp 2. List 2 X Probler x Rathin Access X =/97739/quizzes/156103/take Lazy O Corporation Selected Financial Data Current assets $85,000 Current liabilities 70,000 Accounts receivable 35,000 Inventories 40,000 Accounts payable 25,000 Net sales 425,000 Cost of goods sold 258,000 Lazy O's current ratio is: o 2.1 to 1 O 0.1 to 1 0.8 to 1 1.2 to 1 O tha 156103/take Lazy O Corporation Selected Financial Data Current assets $85,000 Current liabilities 70,000 Accounts receivable 35,000 Inventories 40,000 Accounts payable 25,000 Net sales 425,000 Cost of goods sold 258,000 Lazy O's Quick Ratio is O 2.1 to 1 O 0.1 to 1 O 0.64 to 1 O 1.2 to 1 Bie