Which statement is FALSE related to Toulouse Co using the following financial information: 12/31/2020 Cash 100,000 Receivables 270,000 Inventories 500,000 Total Current Assets Other Assets Total Assets 870,000 1,000,000 1,870,000 Current Liabiliites 150,000 Long-Term Liabilities Capital Stock and Retained Earnings Total Liabilities and Equity 400,000 1,320,000 1,870,000 Annual Sales Gross Profit Margin Net Income is Cash dividends paid 3,240,000 60% 233,750 97,200 and submit. Click Save All Antos all ans Which statement is FALSE related to Toulouse Co using the following financial information: 12/31/2020 Cash 100,000 Receivables 270,000 Inventories 500,000 Total Current Assets Other Assets Total Assets 870,000 1,000,000 1,870,000 Current Liabiliites 150,000 Long-Term Liabilities Capital Stock and Retained Earnings Total Liabilities and Equity 400,000 1,320,000 1,870,000 Annual Sales Gross Profit Margin Net Income is Cash dividends paid 3,240,000 60% 233,750 97,200 and submit. Click Save All Antos all ans