Income statement and balance sheet data for The Athletic Attic are provided below.

THE ATHLETIC ATTIC Income Statements For the years ended December 31
	2019	2018
Net sales	$10,400,000	$8,900,000
Cost of goods sold	6,800,000	5,450,000
Gross profit	3,600,000	3,450,000
Expenses:
Operating expenses	1,600,000	1,600,000
Depreciation expense	200,000	210,000
Interest expense	40,000	50,000
Income tax expense	400,000	360,000
Total expenses	2,220,000	2,220,000
Net income	$1,360,000	$1,230,000

THE ATHLETIC ATTIC Balance Sheets December 31
	2019	2018	2017
Assets
Current assets:
Cash	$ 225,000	$ 164,000	$ 214,000
Accounts receivable	990,000	790,000	810,000
Inventory	1,725,000	1,405,000	1,075,000
Supplies	130,000	110,000	85,000
Long-term assets:
Equipment	1,100,000	1,150,000	1,150,000
Less: Accumulated depreciation	(600,000)	(420,000)	(210,000)
Total assets	$3,570,000	$3,199,000	$3,124,000
Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable	$ 175,000	$ 115,000	$ 91,000
Interest payable	4,000	0	5,000
Income tax payable	40,000	40,000	31,000
Long-term liabilities:
Notes payable	500,000	600,000	600,000
Stockholders' equity:
Common stock	600,000	700,000	700,000
Retained earnings	2,251,000	1,744,000	1,697,000
Total liabilities and stockholders equity	$3,570,000	$3,199,000	$3,124,000

1. Calculate the following risk ratios for 2018 and 2019: (Round your answers to 1 decimal place.)

Required:

1. Calculate the following risk ratios for 2018 and 2019: (Round your answers to 1 decimal place.)

	2018		2019
Receivables turnover ratio		times		times
Inventory turnover ratio		times		times
Current ratio		to 1		to 1
Debt to equity ratio		%		%

2. Calculate the following profitability ratios for 2018 and 2019: (Round your answers to 1 decimal place.)

	2018		2019
Gross profit ratio		%		%
Return on assets		%		%
Profit margin		%		%
Asset turnover		times		times