Here is financial information of Miho's Bagel Chain. Which of the following statements is correct regarding Mihoa s liquidity status? Note: Industry median current ratio is 1.5; Industry median debt ratio is 0.64; Industry media net profit on sale ratio is 0.076 Current Assets Current Liabilities Net Sales Net Income Total Assets Total Debts $739,378 $367,850 $1,870,841 $60.629 $920,635 $580,000 1. Current Rate (Current Assets)(Current Liabilities) 2. Debt Ratio (Total Debt/(Total Assets) 3. Net Profit on Sales (Net Income)/(Net Sales) Because Miho's debt ratio is close to the industry median, Miho's has no problem in liquidity Because Mino's current ratio is above the industry median, Miho's has no problem in liquidity Because Miho's net profit on sale fails short of the industry median, Miho's has a liquidity problem O Because Miho's current ratio is around the rule of thumb of 2, Miho's has a liquidity problem.