Question: please help, why are these questions incorrect and what is the correct answer? Required information Problem 12-6A (Algo) Use ratios to analyze risk and profitability

Required information Problem 12-6A (Algo) Use ratios to analyze risk and profitability (LO12-3, 12-4) The following information applies to the questions displayod below/ Income statements and balance sheets data for Virtual Gaming Systems are provided below Problem 12-6A (Algo) Part 1 Required: 1. Assuming that all sales were on account, calculate the following risk ratios for 2024 and 2025 ; (Round your answers to 1 decimal place.) Answer is complete but not entirely correct. Required information Problem 12-6A (Algo) Use ratios to analyze risk and profitability (LO12-3, 12-4) The following information alpplies fo the questions displayed below] Income statements and balance sheets data for Virtual Gaming Systems are provided below. Problem 12-6A (Algo) Part 2 2. Calculate the following profitability ratios for 2024 and 2025: (Round your answers to 1 decimal place.)
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