The incomplete financial statements of Bennis Ltd appear below:

Bennis LTD

Comparative financial information

	2020	2019
Cash	20,000	50,000
Marketable securities	15,000	60,000
Accounts receivable (net)	50,000	30,000
Inventory	140,000	175,000
Property, plant and equipment (net)	160,000	200,000
Total assets	400,000	500,000
Accounts payable	20,000	30,000
Short-term notes payable	40,000	90,000
Bonds payable	80,000	160,000
Ordinary shares	170,000	145,000
Retained earnings	90,000	75,000
Total liabilities and equity	400,000	500,000
Net sales	360,000	520,000
Cost of sales	184,000	240,000
Gross profit	176,000	280,000
Total expenses	74,000	120,000
Profit before income taxes	102,000	160,000
Income tax expense	30,000	35,000
Profit	72,000	125,000

Additional information:

1. Inventory balance in 2018 was $140,000

2. Receivables (net) balance in 2018 was $40,000.

3. The total asset balance in 2018 was $460,000

Required:

(1) Using the financial statements, compute the following ratios for the Bennis Ltd for 2020

1. Current ratio

2. Receivables turnover

3. Profit margin

4. Return on assets