Assuming that all sales were on account, calculate the following risk ratios for 2021. (Use 365 days a year. Round your final answers to 1 decimal place.)

VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2021 Net sales $3,021, 000 Cost of goods sold 1,947,000 Gross profit 1,074,000 Expenses: Operating expenses $855,000 Depreciation expense 25,500 Loss on sale of land 7,700 Interest expense 13,500 Income tax expense 45,000 Total expenses 946, 700 Net income 127,300 VIRTUAL GAMING SYSTEMS Balance sheets December 31 2021 2020 $183,000 78,000 102,000 11, 700 $141, 000 57,000 132,000 5,640 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity 102,000 207,000 267,000 (64,500) $886, 200 237,000 207,000 (39,000) $740, 640 $ 63,000 5,400 13,500 $ 78,000 2, 700 13,700 282,000 222,000 297,000 225, 300 $886, 200 297,000 127, 240 $740, 640 Risk Radios times 1. Receivables turnover ratio 2. Average collection period 3. Inventory turnover ratio 4. Average days in inventory days umes days Current ratio Acid-test ratio to 1 Debt to equity ratio 00 Times interest earned ratio times