Question: please help!! Income statements and balance sheets data for Virtual Gaming Systems are provided below. 2. Calculate the following profitability ratios for 2024 and 2025



Income statements and balance sheets data for Virtual Gaming Systems are provided below. 2. Calculate the following profitability ratios for 2024 and 2025 : (Round your answers to 1 decimal place.) Required: 1. Assuming that all sales were on account, calculate the following risk ratios for 2024 and 2025: (Round your answers to 1 decimal plece.) VIRTUAL GAMING SYSTEMS galance Sheets Decertber 31 2025 2024 2023 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 Iiabilities: Accounts payable Interest payable Incone tax payable Long-term 1iabilities: Notes payable Stockholders' equity: Common stock Retained earnings. Total liabilities and stockholders' equity \begin{tabular}{|c|c|c|} \hline$196,500 & $177,000 & $135,000 \\ \hline 70,500 & 72,090 & 51,000 \\ \hline 12,500 & 96,009 & 126,000 \\ \hline 13,100 & 11,100 & 4,920 \\ \hline 96,000 & 96,009 & \\ \hline 291,000 & 201,000 & 231,090 \\ \hline 291,000 & 261,060 & 201,000 \\ \hline(76,509) & (55,500) & (33,000) \\ \hline$1,602,109 & $858,600 & $715,920 \\ \hline 5274,809 & $57,000 & $91,220 \\ \hline 6,300 & 4,200 & 2,100 \\ \hline 11,100 & 10,500 & 13,100 \\ \hline 310,000 & 276,000 & 216,090 \\ \hline 291,060 & 291,000 & 291,000 \\ \hline 108,900 & 219,900 & 102,500 \\ \hline$1,002,100 & 5858,600 & $715,920 \\ \hline \end{tabular}
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