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Financial statements for Askew Industries for 2 0 2 4 are shown below ( in thousands ) : 2 0 2 4 Income Statement Net

Financial statements for Askew Industries for 2024 are shown below (in thousands):
2024 Income Statement
Net sales $ 8,800
Cost of goods sold (6,150)
Gross profit 2,650
Operating expenses (1,950)
Interest expense (140)
Income tax expense (224)
Net income $ 336
Comparative Balance Sheets
December 31
20242023
Assets
Cash $ 540 $ 440
Accounts receivable 540340
Inventory 740540
Property, plant, and equipment (net)1,4001,500
$ 3,220 $ 2,820
Liabilities and Shareholders Equity
Current liabilities $ 740 $ 490
Bonds payable 1,1001,100
Common stock 540540
Retained earnings 840690
$ 3,220 $ 2,820
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.
1. Inventory turnover ratio times
2. Average days in inventory days
3. Receivables turnover ratio times
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)%

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