Financial statements for Askew Industries for 2018 are shown below (in thousands):

_______________________________2018 Income Statement

Sales................................................$ 9,000

Cost of goods sold................................(6,300)

Gross profit..........................................2,700

Operating expenses...............................(2,000)

Interest expense.....................................(200)

Tax expense..........................................(200)

Net income..........................................$ 300

___________________________Comparative Balance Sheets

Required:
Calculate the following ratios for 2018.
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. Return on shareholders' equity
9. Equity multiplier
10. Return on shareholders' equity (using the DuPont framework)

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Dec. 31 2018 2017 Cash Accounts receivable Inventory Property, plant, and equipment (net) $600 600 800 2,000 $ 500 400 600 2,100 $3,600 Liabilities and Shareholders' Equity Current liabilities Bonds payable Paid-in capital Retained earnings $1,100 1A0 600 900 $ 850 1,400 600 750 54,000 $3,600