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The 2 0 2 4 income statement of Adrian Express reports sales of $ 1 2 , 9 1 5 , 0 0 0 ,

The 2024 income statement of Adrian Express reports sales of $12,915,000, cost of goods sold of $7,250,000, and net income of $1,500,000. Balance sheet information is provided in the following table.
Industry averages for the following four ratios are as follows:
\table[[Average collection period,29 days],[Average days in inventory,80 days],[Current ratio,2 to 1],[Debt to equity ratio,35%
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