Question: Income statements and balance sheets data for Virtual Gaming Systems are provided below. begin{tabular}{|c|c|c|c|c|} hline & begin{tabular}{l} VIRTUAL GAMING SYSTEMS Balance Sheets December

 Income statements and balance sheets data for Virtual Gaming Systems are
provided below. \begin{tabular}{|c|c|c|c|c|} \hline & \begin{tabular}{l} VIRTUAL GAMING SYSTEMS \\ Balance Sheets
\\ December 31 \end{tabular} & 2025 & 2024 & 2023 \\ \hline

Income statements and balance sheets data for Virtual Gaming Systems are provided below. \begin{tabular}{|c|c|c|c|c|} \hline & \begin{tabular}{l} VIRTUAL GAMING SYSTEMS \\ Balance Sheets \\ December 31 \end{tabular} & 2025 & 2024 & 2023 \\ \hline \begin{tabular}{l} Assets \\ Current assets: \end{tabular} & & & & \\ \hline Current assets: & & & & \\ \hline Cash & & $199,000 & $182,080 & $14,0 \\ \hline Accounts receivable & & 73,000 & 77,000 & 56,000 \\ \hline Inventory & & 123,000 & 101, & 131,000 \\ \hline Prepaid rent & & 13,600 & 11,600 & 5,52 \\ \hline Long-term assets: & & & & \\ \hline Investment in bonds & & 101,000 & 101,000 & \\ \hline Land & & 296,000 & 206,000 & 236,000 \\ \hline Equipment & & 296,000 & 266,000 & 206,000 \\ \hline Less: Accumulated depreciation & & (89,000) & (63,00) & (38,000) \\ \hline Total assets & & $1,012,600 & $881,680 & $736,52 \\ \hline \begin{tabular}{l} Liabilities and Stockholders' Equity \\ Current liabilities: \end{tabular} & & & & \\ \hline Accounts payable & & $223,80 & $62,000 & $103,32 \\ \hline Interest payable & & 7,800 & 5,200 & 2,60 \\ \hline Income tax payable & & 11,6 & 13,000 & 13,600 \\ \hline Long-term liabilities: & & & & \\ \hline Notes payable & & 360,000 & 281,090 & 221,000 \\ \hline Stockholders' equity: & xx+1= & & & \\ \hline \end{tabular} 2. Calculate the following profitability ratios for 2024 and 2025: (Round your answers to 1 decimal place.)

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