10.00 points The 2018 income statement of Adrian Express reports sales of $13,797,000, cost of goods sold of $7,923,500, and net income of $1,530,000. Balance sheet information is provided in the following table. ADRIAN EXPRESS Balance Sheets December 31, 2018 and 2017 2015 2017 Assets Current assets: $530,000 690,000 930,000 1,330,000 4,730,000 4,170,000 Cash Accounts recelvable Inventory 1,260,000 1,660,000 Long-termi assets 8,180,000 7.120,000 Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock Retained earnings $1,950,0DD $1,590,000 2,230,000 2,330,000 1,860,000 1,340,000 1,860,000 2,140,00D $8,180,000 7,120,000 Total liabilities and stockholders' equity Industry averages for the following four risk ratlos are as follows: Average collection period Average days in inventory Current ratio Debt to equity ratic 25 days 60 days 2 to 1 50% Required: 1. Calculate the four risk ratios listed above for Adrian Express in 2018. (Use 365 days in a year. Round your answers to 1 decimal place.) Risk Ratios Average collection period days Required 1. Calculate the four risk ratios listed above for Adrian Express in 2018. (Use 365 days in a year. Round your answers to 1 decimal place.) Risk Ratios days Average collection period Average days in inventory Current ratio Debt to equity ratio days 2. Do you think the company is more risky or less risky than the industry average? More risky Less risky