Which of the following statements is not true?

		Total asset turnover ratio measures the level of protection creditors have in the case of possible insolvency. It also measures the degree of financial leverage and whether or not the firm will be able to obtain additional financing through borrowing.
		Inventory turnover measures how quickly inventory is sold as well as how effectively investment in inventory is used and managed.
		Current ratio measures the ability to meet short-term obligations using short-term assets.
		Times interest earned ratio measures the ability to meet interest commitments from current earnings. The higher the ratio, the more safety there is for long-term creditors.
		Choose this answer if you believe that all of the other statements listed are true.