Financial statements for Askew Industries for 2024 are shown below (in thousands): Net sales 2024 Income Statement Cost of goods sold $ 8,600 Gross profit Operating expenses Interest expense Income tax expense Net income Assets Cash Accounts receivable Inventory (6,050) 2,550 (1,850) (100) (240) $ 360 Comparative Balance Sheets Property, plant, and equipment (net) Liabilities and Shareholders' Equity Current liabilities Bonds payable Common stock Retained earnings December 31 2024 2023 $ 500 500 $ 400 300 700 500 1,100 1,000 $ 2,700 $ 2,300 $ 500 900 $ 250 900 500 500 800 650 $ 2,700 $ 2,300 13 Required: Calculate the following ratios for 2024. Note: 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 7. Return on assets times days times days % % 8. Return on equity % 9. Equity multiplier 10 Return on equity (using the DuPont framework) times % What is the value today of receiving $6,000 at the end of four years, assuming an interest rate of 6% compounded semiannually? Note: Use tables, Excel, or a financial calculator. Round your final answer to the nearest whole dollar. (EV of $1, PV of $1. EVA of $1 and PVA of $1) Multiple Choice $5,036 $4,736 $2,880 $5,036 $4,736 $2.880 $4.753 The balance in accounts receivable at the beginning of 2024 was $610. During 2024, $3,300 of credit sales were recorded. If the ending balance in accounts receivable was $110 and $200 in accounts receivable were written off during the year, the amount of cash collected from customers during 2024 was Multiple Choice $3,800 $3,600 $3,910. $3,800. $3,600. $3,910 $3,300