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ompleted 3 The 2021 income statement of Adrian Express reports sales of $13.797000, cost of goods sold of $7.923,500, and net income of $1,530,000 Balance

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ompleted 3 The 2021 income statement of Adrian Express reports sales of $13.797000, cost of goods sold of $7.923,500, and net income of $1,530,000 Balance sheet information is provided in the following table. ADRIAN EXPRESS Balance Sheets December 31, 2021 and 2020 10 points 2021 2020 Assets Current assets: Cash Accounts receivable Inventory Long-term assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Comon stock Metained earnings Total lities and stockholdersity $530,000 $ 690,000 1,250,000 930,000 1,660,800 1,330,000 4.220.000 4.170,000 $8.180.000 7,120,000 $1,950,000 2,230. 1.569,000 2140,000 50, 1110.000 $1.590,000 2,330,000 1,860.000 32.120.000 Industry averages for the following fournisk ratios are as follows: Average collection period Average days in Inventory Current ratio Debt to equity ratio 25 days 1 day 2 to 1 Son Required: 1. Calculate the four risk ratios listed above for Adnan Express in 2021. (Use 365 days in a year. Round your answers to 1 decimal place.) Answer is not complete. Risk Ratios Average collection period Average days in Inventory Current ratio Dette equity ratio days days 10 to 1

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