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Presented below is the consolidated balance sheet for Tala Inc. at December 31, 2018: (In thousands) Current assets Cash $ 12,300 Accounts receivable 13,750 Inventory

Presented below is the consolidated balance sheet for Tala Inc. at December 31, 2018:

(In thousands)

Current assets

Cash

$ 12,300

Accounts receivable

13,750

Inventory

10,700

Marketable securities

12,950

Total current assets

49,700

Equipment, net

79,500

Total assets

$129,200

Current liabilities

Accounts payable

$ 10,500

Income taxes payable

5,000

Current portion of long-term debt

6,500

Total current liabilities

22,000

Long-term obligations

37,700

Common stock

27,500

Retained earnings

42,000

Total liabilities & shareholders' equity

$129,200

How does Tala's current ratio compare to the industry average of 1.8?

Group of answer choices

a. Tala's current ratio is significantly lower than the benchmark.

b. Tala is significantly more liquid than other companies in the same industry.

c. Tala will likely have a more difficult time servicing its current liabilities as compared to its competition.

d. Tala's current ratio implies it is riskier than other companies in the same industry.

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