Financial statements for Askew Industries for 2021 are shown below (in thousands): 2021 Income Statement Net sales $ 9,700 Cost of goods sold (6,475) Gross profit 3,225 Operating expenses (2,275) Interest expense (270) Income tax expense (272) Net income $ 408 Comparative Balance Sheets Dec. 31 2021 2020 Assets Cash Accounts receivable Inventory Property, plant, and equipment (net) $ 670 670 870 2,700 $4,910 $ 570 470 670 2,800 $4,510 Liabilities and Shareholders' Equity Current liabilities Bonds payable Common stock Retained earnings $1,520 1,750 670 970 $4,910 $1,270 1,750 670 820 $4,510 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.) days days 1. Inventory turnover ratio 2 Average days in inventory 3. Receivables tumover ratio 4. Average collection period 5. Asset turnover ratio 6. Profit margin on sales 7. Return on assets 8 Return on equity 9. Equity multiplier 10. Return on equity (using the DuPont framework) % % % times %