6 Financial statements for Askew Industries for 2024 are shown below (in thousands): 2024 Income Statement 10 Net sales. points Cost of goods sold Gross profit Operating expenses Interest expense Income tax expense Net income $ 8,800 (6,250) 2,550 (2,050) (180) (128) $ 192 Comparative Balance Sheets 2024 December 31 2023 Assets Cash $ 580 Accounts receivable 580 $ 480 380 Inventory 780 Property, plant, and equipment (net). 1,800 580 1,900 $ 3,740 $ 3,340 Liabilities and Shareholders' Equity Current liabilities Bonds payable Common stock $ 980 1,300 580 $ 730 1,300 580 Retained earnings 880 730 $ 3,740 $ 3,340 Required: Calculate the following ratios for 2024. Note: Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places. Answer is complete but not entirely correct. 1. Inventory turnover ratio 2. Average days in inventory 3. Receivables turnover ratio 4. Average collection period 5. Asset turnover ratio 6. Profit margin on sales 7. Return on assets 8. Return on equity 9. Equity multiplier 10. Return on equity (using the DuPont framework) 10.42 times 35.06 days 18.33 times 19.91 days 2.48 2.18 % 5.42 % 13.86 % 2.55 times 13.30%