5.

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

2021 Income Statement
Net sales	$	9,900
Cost of goods sold		(6,525	)
Gross profit		3,375
Operating expenses		(2,325	)
Interest expense		(290	)
Income tax expense		(304	)
Net income	$	456

Comparative Balance Sheets
	Dec. 31
	2021				2020
Assets
Cash	$	690			$	590
Accounts receivable		690				490
Inventory		890				690
Property, plant, and equipment (net)		2,900				3,000
	$	5,170			$	4,770
Liabilities and Shareholders Equity
Current liabilities	$	1,640			$	1,390
Bonds payable		1,850				1,850
Common stock		690				690
Retained earnings		990				840
	$	5,170			$	4,770

Required: Calculate the following ratios for 2021. (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 equity % 9. Equity multiplier times 10. Return on equity (using the DuPont framework) %