Income statement and balance sheet data for Great Adventures, Inc., are provided by $201,770 480 GREAT ADVENTURES, INC. Income Statement For the year ended December 31, 2022 Net sales revenues Interest revenue Expenses: Cost of goods sold $40,300 Operating expenses 73,360 Depreciation expense 19,050 Interest expense 11, 274 Income tax expense 16,300 Total expenses Net income 160, 284 $ 41,966 GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 2022 GREAT ADVENTURES, INC. GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 2a22 2011 GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 2022 2021 $ 334,394 50,840 10,600 1,260 $ 64,860 @ @ 5,940 860,000 890,000 @ 99,089 58,000 (28,850) (8,900) $2,217,324 $119,900 Assets Current assets: Cash Accounts receivable Inventory Other current assets Long-term assets: Land Buildings Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Other current liabilities Notes payable (current) Notes payable (long-term) Stockholders' equity: Common stock Paid-in capital Retained earnings Treasury stock Total liabilities and stockholders' equity $ 24,400 $ 3,520 1,650 930 16,300 14,360 31,800 @ 84,383 807,695 33,600 156,000 32,240 1,231,600 61,496 35,250 (198 , ) $2,217,324 $119,900 As you can tell from the financial statements, 2022 was an especially busy year. Tony and Suzie were able to use the money received from borrowing and the issuance of stock to buy land and begin construction of cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their first child. equired: Calculate the following risk ratios for 2022. (Use 365 days in a year. Round your intermediate calculations and final answers to 1 ecimal place.) a b times days times days C d. Receivables turnover ratio (Hint: Use net sales revenues for net credit sales) Average collection period Inventory turnover ratio Average days in inventory Current ratio Acid-test ratio. (Hint: There are no current investments) Debt to equity ratio Times interest earned ratio e to 1 f. to 1 g % times h