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please complete the chart Problem 12-4B Calculate risk ratios (LO12-3) The following income statement and balance sheets for The Athletic Attic are provided THE ATHLETIC
please complete the chart
Problem 12-4B Calculate risk ratios (LO12-3) The following income statement and balance sheets for The Athletic Attic are provided THE ATHLETIC ATTIC Balance Sheets December 31 20212020 Assets Current assets: Cash Accounts receivable Inventory Supplies Long-term assets: Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: $155,000745,6001,360,000101,000$205,000765,0001,030,00076,000 Notes payable Stockholders: equity: Common stock Retained earnings Total liabilities and stockholders' equity $106,00004,10035,500$82,00030,100 510,000510,000 610,000610,000 $3,064,0001,802,500$2,980,0001,743,800 Required: Assuming that all sales were on account, calculate the following risk ratios for 2021 . (Use 365 doys a yeor. Round your intermediate and final answers to 1 decimal place.) Step by Step Solution
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