Which of the following statements are false? 1. If a firm's A/R collection period improves its day's sales in cash will decrease. 2. The ROE decomposition makes use of the profit margin, asset turnover, and debt to equity ratio. 3. An increase in the inventory turnover ratio means a firm is selling its inventory more slowly. 4. An increase in the accounts receivable turnover ratio means a firm is collecting its receivables more slowly. Statement one (1) is false. Statement two (2) is false. Statement three (3) is false. Statement four (4) is false