Question: Income statement and balance sheet data for Virtual Gaming Systems are provided VIRIUAL GAMING SYSILMS Dalance sheela December 31 20252024 Assets Current assets: Cash Accounts

 Income statement and balance sheet data for Virtual Gaming Systems are

provided VIRIUAL GAMING SYSILMS Dalance sheela December 31 20252024 Assets Current assets:

Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land

Income statement and balance sheet data for Virtual Gaming Systems are provided VIRIUAL GAMING SYSILMS Dalance sheela December 31 20252024 Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Total liabilities and stockholders' equity \begin{tabular}{rrr} 310,000 & 310,000 & 310,000 \\ 126,000 & 237,000 & 139,200 \\ \hline$1,072,000 & $946,000 & $794,200 \\ \hline \hline \end{tabular} Required: 1. Assuming that all sales were on account, Calculate the following asset management and risk ratios for 2025 and 2024 : Note: Round your answers to 1 decimal place

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