Which of the following statements is FALSE?

A$.$ The current ratio provides a measure of the short$-$term solvency of the firm.

B$.$ Price$-$earnings ratio reflects the book value per share per dollar of accounting earnings for

a firm.

C$.$ Total asset turnover measures how much in sales is generated by each dollar of firm

assets.

D$.$ Times interest earned, also known as the interest coverage ratio, provides a relative

measure of how well the firm$$s operating earnings can cover current interest obligations