Which of the following is INCORRECT?

Higher accounts payable turnover is better from working capital management perspective.

Two primary areas of investment management are $($i$)$ working capital management and $($ii$)$ management of long$-$term assets.

Long$-$term liabilities can be evaluated using solvency analyses such as debt$-$to$-$equity ratio, liability$-$toequity$-$ratio, and net$-$debt$-$to$-$equity ratio.

Current liability can be evaluated using liquidity analyses such as current ratio, quick ratio, cash ratio, and operating cash flow ratio.