2018 Income Statement
Sales	$	9,600
Cost of goods sold		(6,450	)
Gross profit		3,150
Operating expenses		(2,150	)
Interest expense		(260	)
Tax expense		(296	)
Net income	$	444

Comparative Balance Sheets
	Dec. 31
	2018				2017
Assets
Cash	$	660			$	560
Accounts receivable		660				460
Inventory		860				660
Property, plant, and equipment (net)		2,600				2,700
	$	4,780			$	4,380
Liabilities and Shareholders Equity
Current liabilities	$	1,460			$	1,210
Bonds payable		1,700				1,700
Paid-in capital		660				660
Retained earnings		960				810
	$	4,780			$	4,380

Financial statements for Askew Industries for 2018 are shown below (in $000s): 2018 Income Statement Sales $ 9,600 Cost of goods sold (6,450 ) Gross profit 3,150 Operating expenses (2,150 ) Interest expense (260 ) Tax expense (296 ) Net income $ 444 Comparative Balance Sheets Dec. 31 2018 2017 Assets Cash $ 660 $ 560 Accounts receivable 660 460 Inventory 860 660 Property, plant, and equipment (net) 2,600 2,700 $ 4,780 $ 4,380 Liabilities and Shareholders Equity Current liabilities $ 1,460 $ 1,210 Bonds payable 1,700 1,700 Paid-in capital 660 660 Retained earnings 960 810 $ 4,780 $ 4,380 Required: Calculate the following ratios for 2018. (Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places.)

1.	Inventory turnover ratio
2.	Average days in inventory		days
3.	Receivables turnover ratio
4.	Average collection period		days
5.	Asset turnover ratio
6.	Profit margin on sales		%
7.	Return on assets		%
8.	Return on shareholders equity		%
9.	Equity multiplier		times
10.	Return on shareholders equity (using the DuPont framework)		%