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Financial statements for Askew Industries for 2021 are shown below (in thousands):

2021 Income Statement
Net sales	$	9,400
Cost of goods sold		(6,400	)
Gross profit		3,000
Operating expenses		(2,200	)
Interest expense		(240	)
Income tax expense		(224	)
Net income	$	336

Comparative Balance Sheets
	Dec. 31
	2021				2020
Assets
Cash	$	640			$	540
Accounts receivable		640				440
Inventory		840				640
Property, plant, and equipment (net)		2,400				2,500
	$	4,520			$	4,120
Liabilities and Shareholders Equity
Current liabilities	$	1,340			$	1,090
Bonds payable		1,600				1,600
Common stock		640				640
Retained earnings		940				790
	$	4,520			$	4,120

Required: Calculate the following ratios for 2021. (Consider 365 days a year. Do not round intermediate calculations and round your final answers to 2 decimal places.)

\begin{tabular}{c|l|l|l} \hline 1. & Inventory turnover ratio & & \\ \hline 2. & Average days in inventory & & days \\ \hline 3. & Receivables tumover ratio & & \\ \hline 4. & Average collection period & days \\ \hline 5. & Asset turnover ratio & & \\ \hline 6. & Profit margin on sales & % \\ \hline 7. & Return on assets & % \\ \hline 8. & Return on equity & % \\ \hline 9. & Equity multiplier & times \\ \hline 10. & Return on equity (using the DuPont framework) & % \\ \hline \end{tabular}

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