Income statement and balance sheet data for Virtual Gaming Systems are provided below. VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31 2013 2012 Sales revenue $3,510,000 $3,036,000 Cost of goods sold 2,480,000 1,950,000 Gross profit 1,030,000 1,086,000 Expenses: Operating expenses 955,000 858,000 Depreciation expense 30,000 27,000 Loss on sale of land 0 8,000 Interest expense 18,000 15,000 Income tax expense 8,000 48,000 -Total expenses 1,011,000 956,000 Net income $ 19,000 $ 130,000 VIRTUAL GAMING SYSTEMS Balance Sheet December 31 2013 2012 2011 Assets Current assets: Cash $ 201,000 $186,000 $144,000 Accounts receivable 75,000 81,000 60,000 Inventory 125,000 105,000 135,000 Prepaid rent 14,000 12,000 6,000 Long-term assets: Investment in bonds 105,000 105,000 0 Land 300,000 210,000 240,000 Equipment 300,000 270,000 210,000 Less:
Accumulated depreciation Total assets $1,021,000 $900,000 $753,000 - Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 78,000 $ 66,000 $ 81,000 Interest payable 9,000 6,000 3,000 Income tax payable 12,000 15,000 14,000 Long-term liabilities: Notes payable 400,000 285,000 225,000 Stockholders' equity: Common stock 300,000 300,000 300,000 Retained earnings 222,000 228,000 130,000 Total liabilities and stockholders' equity $1,021,000 $900,000 $753,000 What is the receivable turnover ratio for 2012 and 2013 What is the inventory ration for 2012 and 2013 Current ration to 1 for 2012 and 2013 Debt to equity ratio what % for 2012 and 2013 What is the Gross profit ratio for 2012 and 2013 What is the Return on assets 2012 and 2013 What is the Profit margin 2012 and 2013 What is the Asset turnover times? 2012 and 2013.