The 2018 income statement of Adrian Express reports sales of $15.015 million, cost of goods sold of $8.8635 million, and net income of $1.57 million. Balance sheet information is provided in the following table ADRIAN EXPRESS Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Current assets S 570,000 730,000 970,000 1,370,000 4.770,000 4,210,000 Cash Accounts receivable Inventory 1,340,000 1,740,000 Long-term assets Total assets $8,420,000 $7,280,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock Retained earnings $1,990,000 $1,630,000 2,270,000 2,370,000 1,940,000 2,220,000 340,000 1,940,000 $8,420,000 $7,280,000 Total liabilities and stockholders' equity Industry averages for the following four risk ratios are as follows 25 days 60 days 2 to 1 50% Average collection period Average days in inventory Current ratio Debt to equity ratio Required: 1. Calculate the four risk ratios listed above for Adrian Express in 2018. (Use 365 da Risk Ratios days days to 1 Average collection period Average days in inventory Current ratio Debt to equity ratio 2. Do you think the company is more risky or less risky than the industry average? More risky O Less risky