Which of the following statements is correct?

Assuming the median of debt$/$assets ratio of $36\%$ within the company's industry can be used as an industry

benchmark from Year $1$ through Year $3.$ The company's debt$/$assets ratio in Year $2$ is lower than the industry.

The company did not take out any loans in Year $3.$

Assuming the median of gross margin ratio of $30\%$ within the company's industry can be used as an

industry benchmark from Year $1$ through Year $3.$ The company's gross margin ratio is higher than the

industry from Year $1$ through Year $2.$

Assuming the median of return on sales ratio of $5\%$ within the company's industry can be used as an

industry benchmark from Year $1$ through Year $3.$ The company's return on sales ratio is higher than the

industry from Year $1$ through Year $2.$