The following ratios are provided for two competitors in the manufacturing industry: Financial Ratio ABC Company XYZ Company Current ratio (times) .92 1.51 Inventory Turnover ratio (times) 4.75 4.00 Debt ratio (% of Assets) 76.02 51.21 Times Interest Earned (times) 12.31 17.28 Gross Profit Margin (%) 43.08 43.11 Return on Assets (%) 9.77 4.63 Based on the data above, which of the following statements is not true: XYZ Company is more liquid than ABC Company. ABC Company is more highly leveraged than XYZ Company. Both companies are equally profitable at the Gross Margin level. XYZ Company does a better job of using its assets to generate earnings