Question: need help figuring this question out please Return to question 2021 income statement of Adrian Express reports sales of $15,327.000, cost of goods sold of

need help figuring this question out please
need help figuring this question out please Return to question 2021 income
statement of Adrian Express reports sales of $15,327.000, cost of goods sold

Return to question 2021 income statement of Adrian Express reports sales of $15,327.000, cost of goods sold of $9,106,000, and net income of 80,000. Balance sheet information is provided in the following table. ADRIAN EXPRESS Balance sheets December 31, 2021 and 2020 2031 2020 $ 580,000 $340,000 1,360,000 980,000 1.760,000 1,380,000 4,780,000 4,220,000 $8,480,000 37, 320,000 sets rent assets Cash Accounts receivable Inventory ng-term assets Total assets abilities and stockholders' Equity rrent liabilities ng-term liabilities mon stock tained earnings Total liabilities and stockholders' equity $2,000,000 $1,640,000 2,280,000 2,380,000 1,960,000 1,960,000 2.240,000 1,340,000 $8,480,000 $7,320,000 Return to question Debt to equity tatto 50 Required: 1. Calculate the four risk ratios listed above for Adrian Express in 2021. (Use 365 days in a year. Round your answers to 1 decimal place.) Answer is not complete. Risk Ratios Average collection period 27.9 days Average days in inventory 125.9 days Current ratio to 1 Debt to equity ratio % 3 Next >

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