Problem 12-6A (Algo) Use ratios to analyze risk and profitability ( LO12-3, 12-4) [The following information applies to the questions displayed below.] Income statements and balance sheets data for Virtual Gaming Systems are provided below. VIRTUAL GAMING SYSTEMS Balance Sheets December 31 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds 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 1iabilities and stockholders' equity 2025 2023 \begin{tabular}{rrr} $200,000 & $184,000 & $142,000 \\ 74,000 & 79,000 & 58,000 \\ 124,000 & 103,000 & 133,000 \\ 13,800 & 11,800 & 5,760 \\ 103,000 & 103,000 & 1 \\ 298,000 & 208,000 & 238,000 \\ 298,000 & 268,000 & 208,000 \\ (94,000) & (66,000) & (46,000) \\ \hline$1,016,800 & $890,800 & $744,76 \\ \hline & & \end{tabular} Required: 1. Assuming that all sales were on account, calculate the following risk ratios for 2024 and 2025 : (Round your answers to 1 decimal place.) 2. Calculate the following profitability ratios for 2024 and 2025: (Round your answers to 1 decimal place.)