The following income statement and balance sheets for Laser World are provided:

LASER WORLD
Income Statement
For the year-ended December 31, 2021
Sales revenue	$	2,260,000
Cost of goods sold		1,570,000
Gross profit		690,000
Expenses:
Operating expenses		345,000
Depreciation expense		65,000
Loss on sale of land		4,900
Interest expense		24,000
Income tax expense		51,000
Total expenses		489,900
Net income	$	200,100

LASER WORLD
Balance Sheet
December 31
		2021				2020
Assets
Current assets:
Cash	$	124,000			$	105,000
Accounts receivable		98,000				76,000
Inventory		140,000				120,000
Prepaid rent		16,000				16,000
Long-term assets:
Land		340,000				280,000
Equipment		330,000				280,000
Accumulated depreciation		(77,000	)			(47,000	)
Total assets	$	971,000			$	830,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	51,000			$	58,000
Interest payable		8,900				7,900
Income tax payable		15,800				12,400
Long-term liabilities:
Notes payable		380,000				280,000
Stockholders' equity:
Common stock		130,000				130,000
Retained earnings		385,300				341,700
Total liabilities and equity	$	971,000			$	830,000

Assuming that all sales were on account, calculate the following risk ratios for 2021: (Assume 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place.)

Risk Ratios 1. Receivables turnover ratio times 2. days 3. times Average collection period Inventory turnover ratio Average days in inventory Current ratio 4. days 5. to 1 6. Acid-test ratio to 1 7. 1 Debt to equity ratio % 8. Times interest earned ratio times