Given the below data for the Snowman and Grinch Companies, which of the following statements is true?

Snowman Inc	Snowman Inc	Grinch Company
Market-to-Book	2.79	3.98
Total Asset Turnover	4.83	2.76
Return on Assets	8.27%	6.29%
Current Ratio	0.92	1.33
Debt-to-Assets	0.65	0.51

	Snowman has less liquidity risk than Grinch because Snowman has a higher return on assets.
	Grinch has less liquidity risk than Snowman because Grinch has a higher current ratio.
	None of the answers are true.
	Snowman has a high debt-to-asset ratio, so it is less risky than Grinch.