Which statement is FALSE related to Toulouse Co using the following financial information ar iva 0,00 12 31 2020 Cash 100,000 acci 270,000 low 500,000 ng for Receivables Inventories Total Current Assets Other Assets Total Assets $ 250 urrent 870,000 1,000,000 1,870,000 erm LI 150,000 Current Liabilites Long Term Liabilities Capital Stock and Retained Earnings Total Liabilities and Equity 400,000 1,320,000 1,870,000 mad ncial at Asset Interes Annual Sales Gross Profit Margin Net Income is Cash dividends paid 3,240,000 60 233,750 97 200 ll Which statement is FALSE related to Toulouse Co using the following financial information ar iva 0,00 12 31 2020 Cash 100,000 acci 270,000 low 500,000 ng for Receivables Inventories Total Current Assets Other Assets Total Assets $ 250 urrent 870,000 1,000,000 1,870,000 erm LI 150,000 Current Liabilites Long Term Liabilities Capital Stock and Retained Earnings Total Liabilities and Equity 400,000 1,320,000 1,870,000 mad ncial at Asset Interes Annual Sales Gross Profit Margin Net Income is Cash dividends paid 3,240,000 60 233,750 97 200 ll

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Which statement is FALSE related to Toulouse Co using the following financial information  ar iva 0,00 12 31 2020 Cash 100,000 acci 270,000 low 500,000 ng for Receivables Inventories Total Current Assets Other Assets Total Assets $ 250 urrent 870,000 1,000,000 1,870,000 erm LI  150,000 Current Liabilites Long Term Liabilities Capital Stock and Retained Earnings Total Liabilities and Equity 400,000 1,320,000 1,870,000 mad ncial at Asset   Interes Annual Sales Gross Profit Margin Net Income is Cash dividends paid 3,240,000 60  233,750 97 200 ll Which statement is FALSE related to Toulouse Co using the following financial information  ar iva 0,00 12 31 2020 Cash 100,000 acci 270,000 low 500,000 ng for Receivables Inventories Total Current Assets Other Assets Total Assets $ 250 urrent 870,000 1,000,000 1,870,000 erm LI  150,000 Current Liabilites Long Term Liabilities Capital Stock and Retained Earnings Total Liabilities and Equity 400,000 1,320,000 1,870,000 mad ncial at Asset   Interes Annual Sales Gross Profit Margin Net Income is Cash dividends paid 3,240,000 60  233,750 97 200 ll

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Which statement is FALSE related to Toulouse Co using the following financial information: ar iva 0,00 12/31/2020 Cash 100,000 acci 270,000 low 500,000 ng for

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