Using the information below -- what was Bala Industries' Cash Flow from Financing for the year ending 6/30/2011? Round to the nearest cent. Increase in inventories $26 Purchased treasury stock $25 Purchased property & equipment $24 Net Income $340 Decrease in accrued income taxes $48 Depreciation & amortization $117 Decrease in accounts payable $18 Increase in accounts receivable $30 Increase in Long-term debt $100 Your Answer: Question 1 (1 point) Soaring Eagles Corp. has total current assets of $11,994,000, current liabilities of $5,502,000 and a quick ratio of 0.91. What is its level of inventory? Your