Required: Calculate the following ratios for 2021.

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
8. Equity multiplier
9. Return on equity (using the DuPont framework)

Financial statements for Askew Industries for 2021 are shown below (in thousands). 2021 Income Statement Comparative Balance Sheets