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RATIO ANALYSISData for Barry Computer Co. and its industry averagesfollow.Barry Computer Company:Balance Sheet as of December 31, 2016 (InThousands)Cash$63,480Accounts payable$103,155Receivables238,050Other current liabilities71,415Inventories198,375Notes payable to bank39,675 Total current assets$499,905 Total current liabilities$214,245Long-term debt$166,635Net fixed assets293,595Common equity412,620Total assets$793,500Total liabilities and equity$793,500Barry Computer Company:Income Statement for Year Ended December 31, 2016 (InThousands)Sales$1,150,000Cost of goods sold Materials$563,500 Labor264,500 Heat, light, and power46,000 Indirect labor46,000 Depreciation23,000943,000Gross profit$ 207,000Selling expenses126,500General and administrative expenses11,500 Earnings before interest and taxes(EBIT)$ 69,000Interest expense18,330 Earnings before taxes (EBT)$ 50,670Federal and state income taxes (40%)20,268Net income$ 30,402Calculate the indicated ratios for Barry. Round your answers totwo decimal places.RatioBarry Industry AverageCurrentx2.30xQuickx1.35xDays sales outstandingadays35.31 daysInventory turnoverx6.08xTotal assets turnoverx1.63xProfit margin%2.47%ROA%4.03%ROE%7.84%ROIC%7.20%TIEx3.79xDebt/Total capital%34.43%aCalculation is based on a 365-day year.Construct the DuPont equation for both Barry and the industry.Round your answers to two decimal places.FIRMINDUSTRYProfit margin%2.47%Total assets turnoverx1.63xEquity multiplierxx
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