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help asap Financial statements for Askew Industries for 2021 are shown below (in thousands): 2021 Income Statement Net sales $ 8,900 Cost of goods sold

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Financial statements for Askew Industries for 2021 are shown below (in thousands): 2021 Income Statement Net sales $ 8,900 Cost of goods sold (6,275) Gross profit 2,625 Operating expenses (2,075) Interest expense (190) Income tax expense (144) Net income $ 216 Comparative Balance Sheets Dec. 31 2021 2020 Assets Cash Accounts receivable Inventory Property, plant, and equipment (net) $ 590 590 790 1,900 $3,870 $ 490 390 590 2,000 $3,470 Liabilities and Shareholders' Equity Current liabilities Bonds payable Common stock Retained earnings 1,040 350 590 890 $3,870 $ 790 1,350 590 740 $3,470 Required: Calculate the following ratios for 2021. (Consider 365 days a year. Do not round Intermediate calculations and rou answers to 2 decimal places.) 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)

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