Calculation 1 Barry Computer Company: Balance Sheet as of December 31, 2018 (In Thousands) Cash $160,580 Accounts payable Receivables 435,860 Other current liabilities Inventories 298,220 Notes payable to bank Total current assets $894,660 Total current liabilities Long-term debt Net fixed assets 252,340 Common equity (58,497 shares) Total assets $1,147,000 Total liabilities and equity $126,170 114,700 68,820 $309,690 $252,340 584,970 $1,147,000 Barry Computer Company: Income Statement for Year Ended December 31, 2018 (In Thousands) Sales Cost of goods sold $1,850,000 Materials $869,500 Labor 407,000 Heat, light, and power 129,500 Indirect labor 92,500 Depreciation 55,500 1,554,000 Gross profit 296,000 Selling expenses 185,000 General and administrative expenses $ 55,500 Earnings before interest and taxes (EBIT) $ 55,500 Interest expense 22,711 Earnings before taxes (EBT) 32,789 Federal and state income taxes (40%) 13,116 $ 19,673 Net income $ 0.33631 Earnings per share $ 14.00 Price per share on December 31, 2018 a) Calculate the indicated ratios for Barry. Barry Days Ratio Current Ratio Days sales outstanding Inventory Turnover Total Assets Turnover ROE TIE Industry Average 2.82x 40.95 Days 6.39% 1.78X 3.74% 2.49% b) Construct the Dupont equation for both Barry and the industry. FIRM INDUSTRY 1.01% 1.78x % X Profit margin Total assets turnover Equity multiplier c) Outline Barry's strengths and weaknesses compared with the industry as revealed by the analysis