The 2021 income statement of Adrian Express reports sales of $13,206,000, cost of goods sold of $7,471,500, and net income of $1,510,000. Balance sheet information is provided in the following table. ADRIAN EXPRESS Balance Sheets December 31, 2021 and 2020 53 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 $ 510,000 $ 679,000 1,220,000 910,000 1,620,000 1,310,000 4,710,000 4,150,000 $8,060,000 $7,040,000 $1,930,000 $1,570,000 2,270,000 2,310,000 1,820,000 1,820,000 2,840,000 1,340,000 $8,060,000 $7,040,000 Industry averages for the following four risk ratios are as follows: 5 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 Averans llection narind HAVE M Question 3 - Anlisis de estados financ estados financieros Saved 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 1 504 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