The 2021 income statement of Adrian Express reports sales of $14,400,000, cost of goods sold of $8,387,500, and net income of $1,550,000. 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 $ 550,000 1,300,000 1,700,000 4,750,000 $8,300,000 $ 710,000 950,000 1,350,000 4.190,000 $7,200,000 $1,970,000 2,250,000 1,900,000 2,180,000 $8,300,000 $1,610,000 2,350,000 1,900,000 1,340,000 $7,200,000 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 1 500 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.) days Risk Ratios Average collection period Average days in Inventory Current ratio Debt to equity ratio days to 1 % 2. Do you think the company is more risky or less risky than the industry average? More risky Less risky