Financial statements for Askew Industries for 2016 arc shown below (in $000’s): Required: Calculate the following ratios for 2016. 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 (

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