A company's current ratio is 1.2, while the industry average is 1.5. What does this indicate about the company's liquidity position?

• A. The company is performing at the industry average.
• B. The company's liquidity position is irrelevant to its financial health.
• C. The company may have a weaker liquidity position compared to its industry peers.
• D. The company has a stronger liquidity position than its industry peers.

Answer: (C)