Only questions 7-10.

Flnanclal statements for Askew Industries for 2018 are shown below (in $000's) 2018 Income Statement Sales Cost of goods sold Gross profit Operating expenses Interest expense 8,800 (6,100) 2,7e0 (1,800) (120) (312) S468 Tax expense Net income Comparative Balance Sheets Dec. 31 2818 2017 Assets Cash Accounts receivable Inventory Property, plant, and equipment (net) $ 526 420 320 528 1,200l38 520 720 $2,968 $2,568 Liabilities and Shareholders' Equity Current liabilities Bonds payable Paid-in capital Retained earnings s 620 s 37e 1,ee1,8e8 52e 520 828 aid-in capital Retained earnings 520 676 $2,968 $2,568 528 820 Required: Calculate the following ratilos for 2018. (Consider 365 days a year. Do not round Intermedlete calculatlons and round your final enswers to 2 declmal places.) 8 Answer is not complete. 1. Inventory turnover ratio 2 Average days in inventory 3. 4 Average collection period 5 37.09 days 20.95 17.42 days 3.10 5.32 96 Receivables turnover ratio Asset turnover ratio Profit margin on sales Return on assets :01% 15 38 0 96 86 7 8Return on shareholders 9 Equity multiplier 10 Return on shareholders equity (using the DuPont framework) 8. Return on shareholders equity tmes