The following presents the balance sheet for Firm K, along with information from the income statement. A competitor, Firm F. has a profit margin of 15%, an asset turnover ratio of 0.8. and an equity multipler of 3.33. Which statement below is false? Income Statement Information Revenue: 3.500 EBIT: 800 Net Income: 200 Total Assets: 2.000 o Current Assets 600 Cash: 100 - Receivables: 200 - Inventory 300 o Noncurrent Assets: 1.400 Net PP&E: 1.100 Other NCA: 300 Total Liabilities: 1,500 o current Liabilities: 700 Current Debt: 250 - Payables: 300 Accruals: 150 o Noncurrent Liabilities: 800 - Long Term Debt: 800 Total Equity: 500 Common Stock 400 Retained Earnings 100 Firm K's profit margin is on par with Firm F O Firm K is likely more risky than Firm F. Firm Khas an inflated ROE due to the amount of leverage it has. O Firm Fuses its assets more efficiently than Firm K