Given the following, which is true?

Firm 1- Net profit margin: 7%, Asset turnover: 1.3, Current ratio: 0.7

Firm 2- Net profit margin: 9%, Asset turnover: .75, Current ratio: 1.9

Firm 3- Net profit margin: 13%, Asset turnover: 1.6, Current ratio: 2.1

Firm 3 generates the least profits on a relative basis.

Firm 3 has the lowest liquidity.

Firm 3 generates the least profits on a relative basis.

Firm 2 generates the lowest sales from its assets.

Firm 1 has the highest ROA