Endurance Sporting Goods has just applied for a bank loan in order to expand the business. Using the most recent balance sheet data provided by the company owner, you calculate that the company's current ratio is 2.5. In your presentation to the company boss, you remark that Endurance Sporting Goods is currently::1. having trouble meeting its short-term obligations.2. doesnt need to worry about whether it will be able to make loan payments since its current assets are tied up in inventory. 3.has $2.50 of current assets for each $1.00 of current liabilities. 4.has $2.50 that it owes each month, for every $1.00 of cash that it is generating.