Ratio Analysis Red Rock 2020 Industry Operating Margin 22.4% 21.0% Profit Margin 14.2% 14.5% Days Sales Outstanding 68.97 50.00 Inventory Turnover 12.17 10.00 Fixed Asset Turnover 1.92 2.00 Total Asset Turnover 0.943 1.050 Return on Equity 19.3% 20.5% ROE - PM X TATO XEM Red Rock Systems 19.33% 14.17% 0.943 1.45 Industry 20.50% 14.50% 1050 1.35 Which of the following statements is INCORRECT? Red Rock has a worse inventory turnover than the industry and should try to increase its inventory Red Rock utilizes its assets less efficiently than the industry Red Rock has a worse DSO than the industry and should try to collectits receivables faster Red Rochas a worse return on equity than the industry Red Rocks higher percentage of debt than the industry