The Statement That Is Not Correct Is

Multiple Choice

The statement that is not correct is:

A) A business will prefer a longer average inventory turnover time rather than a shorter turnover time.
B) A business will prefer a shorter settlement time for its accounts receivable rather than a longer settlement period.
C) An asset turnover figure of 1.5 times is preferred to a figure of 1.2 times.
D) None of the statements, i.e. all are correct.