If the ending inventory balance was overstated on the financial statements and the beginning irnrenrory balance was understated, but all other items were properly reported, the calculated inventory tinnover ratio: A} could not be deternn'ned from the information given. B} would be too high. C] would be unaffected by these errors. D} would be too low. 'Which of the following statements is NOT true regarding accounts receivable turnover? A] In general, the higher the ratio, the better. B} if the accounts receivable turnover ratio is too high, this may indicate that credit is too tight and the company may be losing sales to good customers. C} Accounts receivable turnover is computed by dividing net sales by end of the year receivables. D} Accounts receivable turnover is computed by dividing net sales by average accounts receivable