Financial statements for Askew Industries for 2021 are shown below (in thousands):

2021 Income Statement
Net sales	$	8,700
Cost of goods sold		(6,175	)
Gross profit		2,525
Operating expenses		(1,975	)
Interest expense		(150	)
Income tax expense		(160	)
Net income	$	240

Comparative Balance Sheets
	Dec. 31
	2021				2020
Assets
Cash	$	550			$	450
Accounts receivable		550				350
Inventory		750				550
Property, plant, and equipment (net)		1,500				1,600
	$	3,350			$	2,950
Liabilities and Shareholders Equity
Current liabilities	$	800			$	550
Bonds payable		1,150				1,150
Common stock		550				550
Retained earnings		850				700
	$	3,350			$	2,950

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.)