$\backslash$table$[[$GREAT ADVENTURES, INCORPORATED$],[$Income Statement,,$],[$For the Year Ended December $31,2025,,],[$Net sales revenues,,$],[$Interest revenue,,$],[$Expenses:$,38,500,],[$Cost of goods sold,$51,400,],[$Operating expenses,$17,250,],[$Depreciation expense,$6,785,],[$Interest expense,$14,500,],[$Income tax expense,,$128,435],[$Total expenses,,$$35,835]]$

GREAT ADVENTURES, INCORPORATED

Balance Sheets

December $31,2025$ and $2024$

Assets

Current assets:

Cash

Accounts receivable

Inventory

$0$ther current assets

$2025$

$2024$

Long$-$term assets:

Land

Buildings

Equipment

Accumulated depreciation

Total assets

Liabilities and Stockholders' Equity

Current liabilities:

Accounts payable

Interest payable

Income tax payable

Other current liabilities

Notes payable $($current$)$

Notes payable $($long$-$term$)$

Stockholders' equity:

Common stock

Paid$-$in capital

Retained earnings

Treasury stock

$\backslash$table$[[$$$180,568,$$$64,500],[47,600,0],[7,000,0],[900,4,500],[500,000,],[800,000,0],[62,000,40,000],[(25,250),(8,000)],[$$$1,572,818,$$$101,000],[,],[,],[$$$20,800,$$$2,800],[750,750],[14,500,14,000],[21,000,0],[48,014,0],[475,869,30,000],[,],[120,000,20,000],[904,000,0],[57,885,33,450],[(90,000),0],[$$$1,572,818,$$$101,000]]$NEED HELP ASAP!! $($Photo is attached$)$

Income statement and balance sheet data for Great Adventures, Incorporated, are provided below.

GREAT ADVENTURES, INCORPORATED

Income Statement

For the Year Ended December $31,2025$

Net sales revenues $ $164,150$

Interest revenue $120$

Expenses:

Cost of goods sold $ $38,500$

Operating expenses $51,400$

Depreciation expense $17,250$

Interest expense $6,785$

Income tax expense $14,500$

Total expenses $128,435$

Net income $ $35,835$

G

REAT ADVENTURES, INCORPORATED

Balance Sheets

December $31,2025$ and $2024$

$20252024$

Assets

Current assets:

Cash $ $180,568$ $ $64,500$

Accounts receivable $47,6000$

Inventory $7,0000$

Other current assets $9004,500$

Long$-$term assets:

Land $500,0000$

Buildings $800,0000$

Equipment $62,00040,000$

Accumulated depreciation $(25,250)(8,000)$

Total assets $ $1,572,818$ $ $101,000$

Liabilities and Stockholders$$ Equity

Current liabilities:

Accounts payable $ $20,800$ $ $2,800$

Interest payable $750750$

Income tax payable $14,50014,000$

Other current liabilities $21,0000$

Notes payable $($current$)48,0140$

Notes payable $($long$-$term$)475,86930,000$

Stockholders$$ equity:

Common stock $120,00020,000$

Paid$-$in capital $904,0000$

Retained earnings $57,88533,450$

Treasury stock $(90,000)0$

Total liabilities and stockholders$$ equity $ $1,572,818$ $ $101,000$

As you can tell from the financial statements, $2025$ 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.

Find the follwing answers please.

a$.$ Receivables turnover ratio. $($ Hint: Use net sales revenues for net credit sales.$)$ times

b$.$ Average collection period. days

c$.$ Inventory turnover ratio. times

d$.$ Average days in inventory. days

e$.$ Current ratio. $\%$

f$.$ Acid$-$test ratio. $($Hint: There are no current investments.$)$

g$.$ Debt to equity ratio. $\%$

h$.$ Times interest earned ratio. times