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Income statement and balance sheet data for Virtual Gaming Systems are provided below. Net sales Cost of goods sold Gross profit Expenses: VIRTUAL GAMING SYSTEMS Income Statements. For the Years Ended December 31 2025 $ 3,560,000 2,490,000 1,070,000 Operating expenses Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses Net income 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 965,000 40,000 0 23,000 9,000 1,037,000 $ 33,000 2024 $ 3,086,000 1,960,000 1,126,000 Balance Sheets December 31 868,000 32,000 9,000 20,000 58,000 987,000 $ 139,000 VIRTUAL GAMING SYSTEMS 2025 $ 216,000 90,000 140,000 15,000 115,000 310,000 310,000 (124,000) $ 1,072,000 2024 $ 196,000 91,000 115,000 13,000 115,000 220,000 280,000 (84,000) $ 946,000 2023 $ 154,000 70,000 145,000 7,200 0 250,000 220,000 (52,000) $ 794,200 h

Income statement and balance sheet data for Virtual Gaming Systems are provided below. Income statement and balance sheet data for Virtual Gaming Systems are provided below. 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.)

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