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Financial statements for Askew Industries for 2018 are shown below (in $000s): 2018 Income Statement Sales $ 8,700 Cost of goods sold (6,075 ) Gross

Financial statements for Askew Industries for 2018 are shown below (in $000s):

2018 Income Statement
Sales $ 8,700
Cost of goods sold (6,075 )
Gross profit 2,625
Operating expenses (1,775 )
Interest expense (110 )
Tax expense (296 )
Net income $ 444
Comparative Balance Sheets
Dec. 31
2018 2017
Assets
Cash $ 510 $ 410
Accounts receivable 510 310
Inventory 710 510
Property, plant, and equipment (net) 1,100 1,200
$ 2,830 $ 2,430
Liabilities and Shareholders Equity
Current liabilities $ 560 $ 310
Bonds payable 950 950
Paid-in capital 510 510
Retained earnings 810 660
$ 2,830 $ 2,430

Calculate the following ratios for 2018. (Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places.)

Inventory turnover ratio

Average days in inventory

Receivable 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 DuPont framework)

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