1A. 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.)

1B. Do you think the company is more risky or less risky than the industry average?

1A. 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.)

1B. Do you think the company is more risky or less risky than the industry average?

Thank you!

The 2018 income statement of Adrian Express reports sales of $13,206,000, cost of goods sold of $7,471,500, and net income of $1,510,000. Balance sheet information is provided in the following table. ADRIAN EXPRESS Balance Sheets December 31, 2018 and 2017 2018 2017 Assets Current assets: Cash S 510,000 S 670,000 910,000 620,000 ,310,000 4,710,000 4,150,000 1,220,000 Long-term assets Total assets S 8,060,000 $7,040,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock Retained eamings $1,930,000 $1,570,000 2,270,000 2,310,000 1,820,000 820,000 2,040,000 ,340,000 Total liabilities and stockholders' equity S8,060,000 $7.,040,000 Industry averages for the following four risk ratios are as follows: Average collection period Average days in inventory Current ratio Debt to equity ratio 25 days 60 days 2 to 1 50% Required: . 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 Average days in inventory Current ratio Debt to equity ratio days days to 1 2. Do you think the company is more risky or less risky than the industry average? More risky O Less risky