Arianna Inc. reported the following selected financial statement data: Cash Accounts receivable (net) Inventory Plant assets (net) Total assets Liabilities Shareholders' equity Net sales Cost of goods sold Net income Dec 31, 2020 $ 30,000 48,000 68,000 210,000 405,000 145,000 260,000 340,000 220,000 20,000 Dec 31, 2021 $ 32,000 52,000 72,000 218,000 395,000 145,000 250,000 400,000 280,000 25,000 2. 3. 4. REQUIRED: 1. Compute the receivables turnover ratio for 2021. Compute the inventory turnover ratio for 2021. Compute the asset turnover ratio for 2021. Compute the average collection period (rounded to one decimal place) for 2021. Compute the average days in inventory for 2021. 6. Compute the profit margin on sales for 2021. 7. Compute the return on assets for 2021. Compute the return on equity for 2021. Round your answer to one decimal place, e.g..1234 as 12.3%. 5 8