Given the below data for the Snowman and Grinch Companies, which of the following statements...
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Accounting
Given the below data for the Snowman and Grinch Companies, which of the following statements is true?
| Snowman Inc | Snowman Inc | Grinch Company |
| Market-to-Book | 2.79 | 3.98 |
| Total Asset Turnover | 4.83 | 2.76 |
| Return on Assets | 8.27% | 6.29% |
| Current Ratio | 0.92 | 1.33 |
| Debt-to-Assets | 0.65 | 0.51 |
| Snowman has less liquidity risk than Grinch because Snowman has a higher return on assets. | |
| Grinch has less liquidity risk than Snowman because Grinch has a higher current ratio. | |
| None of the answers are true. | |
| Snowman has a high debt-to-asset ratio, so it is less risky than Grinch. |
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