Income statement and balance sheet data for Great Adventures, Inc. is provided below.

GREAT ADVENTURES, INC. Income statement For the year ended December 31, 2014
Income:
Income from services (clinic, races, EQUIPMENT)	$ 543,000
Sales revenue (MU watches)	118,000
Total revenue		$ 661,000
Bills:
Cost of goods sold (MU watches)	70.000
operating expenses	304,276
depreciation expense	50,000
Interest expenses	29,724
Income from tax expenses	57,000
Total expenses		511,000
Net Income		$150,000

GREAT ADVENTURES, INC. Balance Sheet December 31, 2014 and 2013
	2014	2013	Increase (I) or Decrease (D)
Assets
Current assets:
Money	$322,362	$138,000	184,362	(I)
accounts receivable	45.000	35,000	10,000	(I)
Inventory	17,000	14,000	3,000	(I)
Other current assets	13,000	11,000	2,000	(I)
Long-term assets:
Tierra	500,000	0	500,000	(I)
Buildings	1,000,000	0	1,000,000	(I)
Equipment	65,000	65,000
Less: Accumulated depreciation	(75,250)	(25,250)	50,000	(I)
total assets	$1,887,112	$237,750
Liabilities and Equity
current liabilities:
Accounts payable	$12,000	$9,000	3,000	(I)
interest to pay	750	750
Income tax payable	57,000	38,000	19,000	(I)
Long term passives:
Pay	492,362	30,000	462,362	(I)
Equity:
Common actions	120,000	20,000	100,000	(I)
paid in principal	1,105,000	0	1,105,000	(I)
Retained earnings	175.000	140.000	35,000	(I)
Own actions	(75,000)	0	(75,000)	(I)
Total liabilities and stockholders' equity	$1,887,112	$237,750

As you can see from the financial statements, 2014 was a particularly busy year. Tony and Suzie were able to use the $1.2 million received from the 100,000 share issue and hire a $1 million construction company to build the cabanas, dining rooms, ropes course, and outdoor pool. They even installed a baby pool to celebrate the birth of their firstborn son, little Venture Matheson.

Required:
1.	Calculate the following risk ratios for 2014. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 1 decimal place. Omit the "%" sign in your answer.)

Accounts Receivable Turnover Ratio		times
Average collection period		days
Inventory Turnover Rate		times
Average days in inventory		days
Radio actual		a 1
Acid ratio		a 1
debt ratio		%
Ratio of interest earned times		times

Answer rating: 100% (QA)

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