PLASMA SCREENS CORPORATION Balance Sheets December 31, 2021 and 2020 2021 2020 $ 214,900 60,000 86,000 3,100 111,000 83,000 71,000 1,100 390,000 700,000 (338,000) $1,116,000 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 390,000 580,000 (178,000) $1,058, 100 $ $ 90,000 6,000 8,000 76,000 11,100 4,100 110,000 220,000 610,000 610,000 292,000 $1,116,000 136.900 $1,058,100 Additional information for 2021: 1. Net income is $155,100. 2. Sales on account are $1,215,500. 3. Cost of goods sold is $973,400. Required: 1. Calculate the following risk ratios for 2021: (Round your answers to 1 decimal place.) times times Risk Ratios a. Receivables tumover ratio b. Inventory tumover ratio c. Current ratio d. Acid-test ratio e. Debt to equity ratio to 1