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Income statement and balance sheet data for The Athletic Attic are provided below.

THE ATHLETIC ATTIC

Income Statements

For the Years Ended December $31$

$20252024$

Net sales $ $11,380,000$ $ $9,850,000$

Cost of goods sold $7,430,0006,100,000$

Gross profit $3,950,0003,750,000$

Expenses:

Operating expenses $1,670,0001,620,000$

Depreciation expense $200,000200,000$

Interest expense $47,00047,000$

Income tax expense $484,000420,000$

Total expenses $2,401,0002,287,000$

Net income $ $1,549,000$ $ $1,463,000$

THE ATHLETIC ATTIC

Balance Sheets

December $31$

$202520242023$

Assets

Current assets:

Cash $ $232,000$ $ $161,000$ $ $218,000$

Accounts receivable $997,000747,000767,000$

Inventory $1,732,0001,362,0001,032,000$

Supplies $137,000107,00082,000$

Long$-$term assets:

Equipment $1,380,0001,380,0001,380,000$

Less: Accumulated depreciation $(670,000)(470,000)(270,000)$

Total assets $ $3,808,000$ $ $3,287,000$ $ $3,209,000$

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $ $195,300$ $ $126,000$ $ $108,300$

Interest payable $4,70004,700$

Income tax payable $47,00042,00037,000$

Long$-$term liabilities:

Notes payable $570,000570,000570,000$

Stockholders' equity:

Common stock $670,000670,000670,000$

Retained earnings $2,321,0001,879,0001,819,000$

Total liabilities and stockholders$$ equity $ $3,808,000$ $ $3,287,000$ $ $3,209,000$

Required:

$1.$ Calculate the following risk ratios for $2024$ and $2025$: $($Round your answers to $1$ decimal place.$)$