Which of the following statements are false? 1. An increase in the accounts receivable collection period would decrease total asset turnover. 2. Firms with an operating loss can still report positive operating cash flows. 3. Repurchasing common stock will decrease financial leverage and decrease financial risk. 4. A decrease in the inventory turnover ratio means a firm is selling its inventory more slowly. Statement one (1) is false. Statement two (2) is false. Statement three (3) is false. Statement four (4) is false