4. The cash flow on total assets ratio: A) Is the same as return on assets. B) Is the same as profit margin. C) Can measure a company's ability to meet its obligations. D) Is highly affected by accounting principles of income recognition and measurement. E) Is average net assets divided by cash flows from operations. 5. The cash flow on total assets ratio is calculated by: A) Dividing cash flows from operations by average total assets. B) Dividing total cash flows by average total assets. C) Dividing average total assets by cash flows from financing activities. D) Dividing average total assets by total cash flows. E) Total cash flows divided by average total assets times 365. 20. A company's Inventory balance at the end of the year was $188,000 and $200,000 at the beginning of the year. Its Accounts Payable balance at the end of the year was $84,000 and $80,000 at the beginning of the year, and its cost of goods sold for the year was $720,000. The company's total amount of cash payments for merchandise during the year equals: A) $704,000. B) $712,000. C) $720,000. D) $728,000. E) $736,000