As you can tell from the financial statements, 2017 was an especially busy year. Tony and Suzie were able to use the $1.2 million received from the issuance of 100,000 shares of stock and hire a construction company for $1 million to build the cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their firstborn son, little Venture Matheson. Assume all sales and services are on credit. ( use 365 days in calculations and put final answers to 2 decimal places.)

FOR 2017 CALCULATE:

ACID TEST RATIO______to 1

DEBT TO EQUITY RATIO _____%

ASSET TURNOVER ____ TIMES

RETURN ON EQUITY ____ %

GREAT ADVENTURES, INC. Income Statement For the Year Ended December 31, 2017 service revenue (clinic, racing, TEAM) Sales revenue (MU watches) $625,000 Cost of goods sold (MU watches) 405,000 $139.200 GREAT ADVENTURES, INC. Balance Sheet December 31, 2017 and 2016 d depreclation 5 21200 Lablilties and Stockholders' Equity Total llabiiltes and stocknolders' equity