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

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

THE ATHLETIC ATTIC Income Statements For the years ended December 31 2019 Net sales $12,780,000 Cost of goods sold 8,330,000 2018 $11,350,000 7,100,000 4,450,000 4,250,000 Gross profit Expenses: Operating expenses Depreciation expense Interest expense Income tax expense 1,770,000 200,000 57,000 604,000 1,720,000 200,000 57,000 520,000 Total expenses 2,631,000 2,497,000 Net income $1,819,000 $1,753,000 THE ATHLETIC ATTIC Balance Sheets December 31 2019 2018 2017 Assets Current assets: Cash Accounts receivable Inventory Supplies Long-term assets: Equipment Less: Accumulated depreciation $ 242,000 1,007,000 1,742,000 147,000 $ 172,000 757,000 1,372,000 117,000 $ 238,000 777,000 1,042,000 92,000 1,780,000 (770,000) 1,780,000 (570,000) 1,780,000 (370,000) Total assets $4,148,000 $3,628,000 $3,559,000 $ 157,000 $ $ 224,300 5,700 57,000 O 147,300 5,700 47,000 52,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings 670,000 670,000 670,000 770,000 2,421,000 770,000 1,979,000 770,000 1,919,000 Total liabilities and stockholders' equity $4,148,000 $3,628,000 $3,559,000 2018 2019 times Receivables turnover ratio times times times Inventory turnover ratio Current ratio Debt to equity ratio to 1 to 1