exercise 12/2A calculare risk ratios. The balance sheets for plasma screens corporation in addition information or provided below.

Balance sheets December 31, 2021 and 2020 2021 2020 $ 198, 000 $ 112,000 62,000 84,000 87,000 72,000 3, 200 1,200 400,000 710,000 (348,000) $1,112,200 400,000 590,000 |(188,000) $1,071,200 Assets Current assets: Cash Accounts receivable Inventory Investments Long-term assets: 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 $ 91,000 5 000 7,000 77.000 11,200 4,200 100,000 200,000 620,000 289, 200 $1, 112, 200 620,000 158, 800 $1,071,200 Additional information for 2021; 1. Net income is $130,400. 2. Sales on account are $1,248,300. 3. Cost of goods sold is $993,750. Required: 1. Calculate the following risk ratios for 2021: (Round your answers to 1 decimal place.) times times Risk Ratios a Receivables turnover ratio b. Inventory turnover ratio C. Current ratio d. Acid-test ratio e Debt to equity ratio to 1 to 1 %