Consider the solvency situation at AutoZone. Select the answer that best addresses the measures of solvency, as of August $2023$ compared to August $2022.$

Question $14$ options:

$1)$

Solvency at AutoZone deteriorated slightly from $2022$ to $2023$ and AutoZone remains in a position where it liabilities are larger than its equity.

$2)$

Solvency at AutoZone improved from $2022$ to $2023$ because of the increase in sales, gross profit, and net income.

$3)$

Solvency at AutoZone improved because from $2022$ to $2023,$ the debt to asset ratio is larger.

$4)$

Solvency at AutoZone deteriorated slightly from $2022$ to $2023$ due to a decrease in the profit margin.