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Which statement about TATO, and the ratios that contribute to TATO (DSO, INVTO, and FATO) is INCORRECT? Naches management should focus on improving its total

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Which statement about TATO, and the ratios that contribute to TATO (DSO, INVTO, and FATO) is INCORRECT? Naches management should focus on improving its total asset turnover. The big problem is with DSO. It is taking Naches almost twice as long to collect its accounts receivables. The company needs to collect faster perhaps by tightening its credit policy or by more proactive collection efforts. TATO is lower than industry average, which is better, so it doesn't need to focus on TATO. Its inventory turnover is slightly worse than the industry. The company should try to move older inventory, perhaps by offering extra discounts. Its fixed asset turnover is better than the industry. Based on this ratio, this is not a problem area, so it is not a focus area. Which statement about TATO, and the ratios that contribute to TATO (DSO, INVTO, and FATO) is INCORRECT? Naches management should focus on improving its total asset turnover. The big problem is with DSO. It is taking Naches almost twice as long to collect its accounts receivables. The company needs to collect faster perhaps by tightening its credit policy or by more proactive collection efforts. TATO is lower than industry average, which is better, so it doesn't need to focus on TATO. Its inventory turnover is slightly worse than the industry. The company should try to move older inventory, perhaps by offering extra discounts. Its fixed asset turnover is better than the industry. Based on this ratio, this is not a problem area, so it is not a focus area

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