which of the following statements are false? On a commonsize balance sheet all accounts are expressed as a percentage of sales. An increase in the inventory turnover ratio means a firm is selling its inventory faster. An increase in depreciation expense will reduce net income, equity, and total assets. FWD\"? A common-size balance sheet expresses a rm's assets, liabilities and equity as percentage of sales. C] Statement one (1] is false. C] Statement two (2) is false. C] Statement three [3) is false. C] Statement four [4] is false