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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

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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 Sheetg December 31 Assets 202520242023 Current assets: Long-term assets: Investment in bonds tand Equiperent Lessi Accumulated depreciation Total assets Labilities and stoekholders' Equity Current liabilitiest Aceounte payable Interest payable Income tax payable Long-term liabilitiess Notes payable Stockholdera " equity; Common stock Retained earnings Total liabilities and stockholders' equity \begin{tabular}{ccc} 104,000 & 104,000 & 0 \\ 299,000 & 209,000 & 239,000 \\ 299,000 & 269,000 & 209,000 \\ (96,500) & (67,500) & (41,000) \\ \hline$1,018,900 & $895,400 & $748,880 \\ \hline \end{tabular} 2. Calculate the following profitability ratios for 2024 and 2025: (Round your answers to 1 decimal place.)

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