You find that Costco Corp. has the current ratio of 1.04, while the industry average current ratio is 1.10. You would conclude that

		Costco has less short-term liquidity when compared to its peers.
		Costco outperforms its peers in terms of short-term liquidity.
		Costco has more short-term liquidity when compared to its peers.
		Costco is a good shape in terms of short-term liquidity.