The following income statement and balance sheets for The Athletic Attic are provided.

THE ATHLETIC ATTIC

Income Statement

For the Year Ended December $31,2024$

Net sales $$8,720,000$

Cost of goods sold $5,360,000$

Gross profit $3,360,000$

Expenses:

Operating expenses $$1,510,000$

Depreciation expense $192,000$

Interest expense $32,000$

Income tax expense $342,000$

Total expenses $2,076,000$

Net income $$1,284,000$

THE ATHLETIC ATTIC

Balance Sheets

December $31$

$20242023$

Assets

Current assets:

Cash $$146,000$ $$196,000$

Accounts receivable $700,000720,000$

Inventory $1,315,000985,000$

Supplies $92,00067,000$

Long$-$term assets:

Equipment $1,060,0001,060,000$

Less: Accumulated depreciation $(384,000)(192,000)$

Total assets $$2,929,000$ $$2,836,000$

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable $$97,000$ $$73,000$

Interest payable $03,200$

Income tax payable $31,00029,200$

Long$-$term liabilities:

Notes payable $420,000420,000$

Stockholders' equity:

Common stock $520,000520,000$

Retained earnings $1,861,0001,790,600$

Total liabilities and stockholders$$ equity $$2,929,000$ $$2,836,000$

Required:

Assuming that all sales were on account, calculate the following risk ratios for $2024.($Use $365$ days a year. Round your final answers to $1$ decimal place.$)$