Financial statements for Askew Industries for 2021 are shown below (in thousands):

2021 Income StatementNet sales ....................................$ 9,000Cost of goods sold .....................(6,300)Gross profit .................................2,700Operating expenses .................(2,100)Interest expense .........................(200)Income tax expense ...................(100)Net income ................................$ 300

Required:Calculate the following ratios for 2021.1. Inventory turnover ratio2. Average days in inventory3. Receivables turnover ratio4. Average collection period5. Asset turnover ratio6. Profit margin on sales7. Return on assets8. Return on equity9. Equity multiplier10. Return on equity (using the DuPont framework)

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Comparative Balance Sheets Dec. 31 2021 2020 Assets $ 600 $ 500 Cash 600 Accounts receivable 400 Inventory Property, plant, and equipment (net) 800 600 2,000 2,100 $4,000 $3,600 Liabilities and Shareholders' Equity $ 850 1,400 $1,100 1,400 Current liabilities Bonds payable Common stock 600 600 Retained earnings 900 750 $4,000 $3,600