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Required information [The following information applies to the questions displayed below) Income statement and balance sheet data for Great Adventures, Inc., are provided below. $178,780

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Required information [The following information applies to the questions displayed below) Income statement and balance sheet data for Great Adventures, Inc., are provided below. $178,780 260 GREAT ADVENTURES, INC. Income Statement For the year ended December 31, 2022 Net sales revenues Interest revenue Expenses : Cost of goods sold $39,200 Operating expenses 59,940 Depreciation expense 17.950 Interest expense 8,530 Income tax expense 15,200 Total expenses Net income 140,820 $ 38,220 GREAT ADVENTURES, INC Balance Sheets December 31, 2022 and 2021 2022 2021 $ $ 64,640 0 240, 390 48,860 8,400 1,040 5,060 640,000 835,000 76,420 26, 650) $1,823,460 0 0 47.000 (8.350) $100,350 Assets Current assets Cash Accounts receivable Inventory Other current assets Long-term asset Land Buildings Equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Other current liabilities Notes payable (current) Notes payable (long-term) Stockholders' equity! Common stock Paid-in capital Retained sarnings Treasury stock Total liabilities and stockholders' equity $ $ 22,200 1,100 15,200 25,200 62,257 604, 913 3,080 820 14,140 0 31,400 134,000 1,031,400 59,290 (132,000) $1,823,460 24,760 0 34,150 0 $108,350 As you can tell from the financial statements, 2022 was an especially busy year. Tony and Suzie were able to use the money received from borrowing and the issuance of stock to buy land and begin construction of cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their first child. Required: 1. Calculate the following risk ratios for 2022. (Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place.) b d Receivables tumover ratio (Hint: Uue net sales revenuen for not credit saldo) Average collection period Inventory tumover ratio Average days in inventory Current ratio Acid fost ratio (Hint: There are no current investments) Debt to equity ratio Times interest eamed ratio 70 times days times days to 1 to 1 % times e 9 h

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