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Income statement and balance sheet data for Great Adventures, Inc., are provided below. $168.330 160 GREAT ADVENTURES, INC. Income Statement For the year ended December

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Income statement and balance sheet data for Great Adventures, Inc., are provided below. $168.330 160 GREAT ADVENTURES, INC. Income Statement For the year ended December 31, 2022 Net sales revenues Interest revenue Expenses: Coat of goods sold $38,700 Operating expenses 53.840 Depreciation expense 17,450 Interest expense 7,284 Income tax expense 14,700 Total expenses Net income 131,974 $ 36,516 GREAT ADVENTURES, INC. Talance Sheets December 31, 2022 and 2021 2022 2021 Current assets: $ $ 64,540 197,660 47,960 7.400 940 4,660 Accounts receivable Inventory Other current assets Long-term assets: Land Buildings Equipment Rocumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities Accounts payable Interest payable Income tax payable Other current liabilities Notes payable (current) Botes pavable long-term 540.000 810,000 66,120 (25,650) $1,644,430 42.000 0.100) $103,100 $ $ 21,200 850 14,700 22,200 52,054 512.740 2.000 770 14,040 30.400 quired Information 512,740 30,400 21,360 Notes payable (long-term) Stockholders' equity. Common stock Paid-in capital Retained earnings Treasury stock Total liabilities and stockholders' equity 124,000 940,400 58,286 (102,000) $1,644,430 33,650 $103,100 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 file answers to 1 decimal place.) a. b. c d. e. t. g. h. Receivables turnover ratio. (Hint: Use net sales revenues for not 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 eamed ratio. T times days times days to 1 to 1 imes

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