The 2021 income statement of Adrian Express reports sales of $18,270,000, cost of goods sold of $11,423,500, and net income of $1,670,000. Balance sheet information is provided in the following table. ADRIAN EXPRESS Balance Sheets December 31, 2021 and 2020 2021 2020 Assets Current assets: Cash Accounts receivable Inventory Long-term assets Total assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and stockholders' equity $ 670,000 1,540,000 1,940,000 4,870,000 $9,020,000 $ 830,000 1,070,000 1,470,000 4,310,000 $7,680,000 $1,950,000 2,370,000 1,930,000 2,770,000 $9,020,000 $1,730,000 2,470,000 1,930,000 1,550,000 $7,680,000 Industry averages for the following four risk ratios are as follows: Average collection period Average days in inventory Current ratio Debt to equity ratio 25 days 60 days 2 to 1 50% Required: 1. Calculate the four risk ratios listed above for Adrian Express in 2021. (Use 365 days in a year. Round your answers to 1 decimal place.) Risk Ratios Average collection period Average days in inventory Current ratio Debt to equity ratio days days to 1 2. Do you think the company is more risky or less risky than the industry average? More risky Less risky