Income statement and balance sheet data for Great Adventures, Incorporated, are provided below. GREAT ADVENTURES, INCORPORATED Income Statement For the Year Ended December 31, 2025 Net sales revenues Interest revenue Expenses: Cost of goods sold Operating expenses Depreciation expense Interest expense Income tax expense Total expenses Net income $ 201,770 480 $ 40,300 73,360 19,050 11,274 16,300 160,284 $ 41,966 Assets Current assets: Cash GREAT ADVENTURES, INCORPORATED Balance Sheets December 31, 2025 and 2024 2025 2024 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 $ 334,394 50,840 10,600 $ 64,860 0 1,260 0 5,940 0 0 860,000 890,000 99,080 (28,850) $ 2,217,324 $ 24,400 58,000 (8,900) $ 119,900 $ 3,520 930 14,360 1,650 16,300 31,800 0 84,383 0 807,695 33,600 156,000 32,240 1,231,600 0 61,496 (198,000) 35,250 0 $ 2,217,324 $ 119,900 As you can tell from the financial statements, 2025 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. RWP12-1 (Algo) Great Adventures Continuing Case Part 1 Required: 1. Calculate the following risk ratios for 2025. (Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place.) a. Receivables turnover ratio. (Hint: Use net sales revenues for net credit sales.) b. Average collection period. c. Inventory turnover ratio. d. Average days in inventory. e. Current ratio. f. Acid-test ratio. (Hint: There are no current investments.) g. Debt to equity ratio. h. Times interest earned ratio. times days times days % times