Datac Inc 11.79% Industry 13.72% 6.01% 4.51% 5.01% 3.00% 15.7% 8.05 13.8% Ratio Gross Margin Operating Margin Net Margin ROE Equity Multiplier Times Interest Earned AR Turnover Inventory Turnover Quick Ratio Current Ratio Total Asset Turnover 2.78 8.60 2.68 11.05 5.07 5.75 8.37 0.33 0.51 1.10 1.07 1.20 0.65 An analyst at an investment bank made some comments about Datac: 1. Earnings performance is low because operating expenses are too high 2. Interest coverage is higher because of its conservative financing 3. The firm has higher production costs than the industry How many of the above statements are correct? 00 0 1 N 2 3 3