Question: Other current liabilities Notes payable (current) Notes payable (long-term) Stockholders' equity: Common stock Paid-in capital Retained earnings Treasury stock 22,200 0 52,054 0 512,740

Other current liabilities Notes payable (current) Notes payable (long-term) Stockholders' equity: Common stock Paid-in capital Retained earnings Treasury stock 22,200 0 52,054 0 512,740 30,400 124,000 21,360 940,400 Total liabilities and stockholders' equity 58,286 33,650 0 (102,000) $1,644,430 $103,100 As you can tell from the financial statements, 2022 was an especially busy year. Tony and Suzie were able to use the money received from borrowing and the issuance of stock to buy land and begin construction of cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their first child. Required: 1. Calculate the following risk ratios for 2022. (Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place.) (HINT: ROUND TO 1 DECIMAL PLACE. IF YOUR ANSWER IS.416666, ROUND TO 41.7%.] Receivables turnover ratio. (Hint: Use net sales revenues for net credit sales) 7.0 times b. Average collection period. 47.7 days c. Inventory turnover ratio. 10.5 times 34.9 days d. Average days in inventory e. Current ratio. f Acid-test ratio. (Hint: There are no current investments) 9 Debt to equity ratio. h Times interest earned ratio 2.3 to 1 2.2 to 1 0.6 % 8.01times
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