Financial statements for Askew Industries for 2021 are shown below (in thousands): 2021 Income Statement Net sales Cost of goods sold Gross profit Operating expenses $ 8,600 (6,050) 2,550 (1,850) (100) Income tax expense (240) Net income $ 360 Interest expense Assets Cash Accounts receivable Inventory Comparative Balance Sheets Property, plant, and equipment (net) Liabilities and Shareholders' Equity Current liabilities Bonds payable Common stock Retained earnings 2021 Dec. 31 2020 $ 500 500 $ 400 300 700 500 1,000 1,100 $2,700 $2,300 $ 500 $ 250 900 900 500 500 800 650 $2,700 $2,300 Required: Calculate the following ratios for 2021. (Consider 365 days a year. Do not round intermediate 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 turnover ratio 6. Profit margin on sales days days % 7. Return on assets % 8. Return on equity % 9. Equity multiplier times 10. Return on equity (using the DuPont framework) %