[The following information applies to the questions displayed below.] Income statement and balance sheet data for The Athletic Attic are provided below.

THE ATHLETIC ATTIC
Income Statements
For the years ended December 31
		2022			2021
Net sales	$	10,820,000		$	9,250,000
Cost of goods sold		7,070,000			5,700,000
Gross profit		3,750,000			3,550,000
Expenses:
Operating expenses		1,630,000			1,580,000
Depreciation expense		200,000			200,000
Interest expense		43,000			43,000
Income tax expense		436,000			380,000
Total expenses		2,309,000			2,203,000
Net income	$	1,441,000		$	1,347,000

THE ATHLETIC ATTIC
Balance Sheets
December 31
		2022				2021				2020
Assets
Current assets:
Cash	$	228,000			$	157,000			$	210,000
Accounts receivable		993,000				743,000				763,000
Inventory		1,728,000				1,358,000				1,028,000
Supplies		133,000				103,000				78,000
Long-term assets:
Equipment		1,220,000				1,220,000				1,220,000
Less: Accumulated depreciation		(630,000	)			(430,000	)			(230,000	)
Total assets	$	3,672,000			$	3,151,000			$	3,069,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$	183,700			$	114,000			$	92,700
Interest payable		4,300				0				4,300
Income tax payable		43,000				38,000				33,000
Long-term liabilities:
Notes payable		530,000				530,000				530,000
Stockholders' equity:
Common stock		630,000				630,000				630,000
Retained earnings		2,281,000				1,839,000				1,779,000
Total liabilities and stockholders equity	$	3,672,000			$	3,151,000			$	3,069,000

Required: 1. Calculate the following risk ratios for 2021 and 2022: (Round your answers to 1 decimal place.)