Only one of the given statements is false. Identify the false statement from the given statements. Total asset must be equal to liabilities plus owner's equity As the interest expenses increases, the Basic Earning Power Ratio decreases Quick Ratio is always numerically smaller than or equal to the Liquidity Ratio. A very high Liquidity Ratio with a low Quick Ratio indicates there might be lot of difficult to sale inventories A very high value of Days Sales Outstanding (DSO) indicates that there are issues with the collection of accounts receivables