The cash flow on total assets ratio is affected by income recognition and measurement True or False True True False When preparing the operating activities section of the statement of cash flows using the Indirect method, decreases in current liabilities are subtracted from net income True or False True False In preparing Tywin Company's statement of cash flows for the most recent year, the following information is available: Purchase of equipment Proceeds from the sale of equipment Purchase of land $ 260,000 87,000 91,000 14:40 Net cash flows from investing activities for the year were: Multiple Choice O $438,000 of net cash used. $438,000 of net cash provided 0 O $264,000 of net cash used. 0 O $351,000 of net cash used. 0 O $264.000 of net cash provided 0 Preparation of the statement of cash flows does not involve: Multiple Choice Computing the net increase or decrease in cash. Computing and reporting net cash provided or used by operations. Computing the profit compared to the net increase or decrease in cash. Computing and reporting net cash provided or used by financing activities Computing and reporting net cash provided or used by investing activities