20-The direct method of presenting net cash flow from operating activities: Select one: A. Shows the major categories of operating cash receipts and cash payments B. Is used when there are no cash flows from investing and financing activities C. Must be used in a statement of cash flows D. Reconciles accrual basis net income to a cash basis amount 21-What does the current ratio measure? Select one: A. Short-term debt paying ability B. Profitability C. Leverage D. Solvency 22-Krager Grocers' 2021 financial statements show net income of $2,049 million, sales of $336,040 million, and average total assets of $62,000 million. How much is Krager Grocers' asset turnover for the year? Select one: A. 3.30 B. 6.10 C. 5.42 D. 5.39 23-Use the following selected balance sheet and income statement information for Stevens Co. to compute ROA, to the nearest hundredth. Operating profit before tax $120,000 Earnings without interest expense (EWI) $192,500 Average Tax rate on total assets Sales operating profit $653,000 $1.250,000 35% Select one: A. 29.48% B. 15.40% C. 9.60% D. 18.38%