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Financial statements for Askew Industries for 2021 are shown below (in thousands): 2021 Income Statement $ ,900 (6,125) 2,775 (1,925) (130) (288) Net sales Cost

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Financial statements for Askew Industries for 2021 are shown below (in thousands): 2021 Income Statement $ ,900 (6,125) 2,775 (1,925) (130) (288) Net sales Cost of goods sold Gross profit Operating expenses Interest expense Income tax expense OOK 432 %24 Net income Print Comparative Balance Sheets Dec. 31 2021 2020 Terences Assets %24 430 %24 530 530 Cash 330 530 1,400 $3,090 $2,690 Accounts receivable 730 Inventory 1,300 Property, plant, and equipment (net) Liabilities and Shareholders' Equity Current liabilities Bonds payable $680 1,05e $. 1,050 530 430 530 Common stock 680 830 Retained earnings $3,090 $2,690 Required: Calculate the following ratios for 2021. (Consider 365 days a year. Do not round Intermedlate calculations and round answers to 2 decimal pleces.) acc 530 Accounts receivable Inventory Property, plant, and equipment (net) 330 730 530 1,300 1,400 $3,090 $2,690 Liabilities and Shareholders' Equity Current liabilities $4 %24 1,050 680 430 Bonds payable Common stock Retained earnings 1,050 530 680 530 830 $3,090 $2,690 Required: Calculate the following ratios for 2021. (Conslder 305 days a year. Do not round Intermedlate calculations and round your final answers to 2 decimal places.) 1. Inventory turnover ratio 2 Average days in inventory 3. Receivables turnover ratio 4. Average collection period 5. Asset tumover ratio 6Profit margin on sales 7. Retum on assets 8 Return on equity 9. Equity multiplier 10. Return on equity (using the DuPont framework) days days times

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