Financial statements for Askew Industries for 2016 are shown below (in $000s):

2016 Income Statement
Sales	$	10,000
Cost of goods sold		(6,550	)
Gross profit		3,450
Operating expenses		(2,250	)
Interest expense		(300	)
Tax expense		(360	)
Net income	$	540

Comparative Balance Sheets
	Dec. 31
	2016			2015
Assets
Cash	$	700		$	600
Accounts receivable		700			500
Inventory		900			700
Property, plant, and equipment (net)		3,000			3,100
	$	5,300		$	4,900
Liabilities and Shareholders' Equity
Current liabilities	$	1,700		$	1,450
Bonds payable		1,900			1,900
Paid-in capital		700			700
Retained earnings		1,000			850
	$	5,300		$	4,900

Required:

Calculate the following ratios for 2016. (Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places.)

Required: Calculate the following ratios for 2016. (Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places.) X Answer is complete but not entirely correct. days days Inventory turnover ratio Average days in inventory Receivables turnover ratio Average collection period Asset turnover ratio Profit margin on sales Return on assets Return on shareholders' equity Equity multiplier Return on shareholders' equity (using the DuPont framework) 8.19 44.57 16.67 21.90 1.96 5.40 10.59 3.23 3.12 31.76 8. % times %