13. Problem 4.23 (Ratio Analysis) eBook Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too. Barry Computer Company: Balance Sheet as of December 31, 2021 (in thousands) Cash $ 249,210 Accounts payable $ 325,890 Receivables 555,930 Other current liabilities 230,040 Inventories 440,910 Notes payable to bank 95,850 Total current assets $ 1,246,050 Total current liabilities $ 651,780 Long-term debt 460,080 Net fixed assets 670,950 Common equity (80,514 shares) 805,140 Total assets $ 1,917,000 Total liabilities and equity $ 1,917,000 Barry Computer Company: Income Statement for Year Ended December 31, 2021 (in thousands) Sales $ 2,700,000 Cost of goods sold Materials $1,215,000 Labor 810,000 Heat, light, and power 108,000 Indirect labor 135,000 2,268,000 Gross profit $ 432,000 Selling expenses 162,000 General and administrative expenses 54,000 Depreciation 81,000 Earnings before interest and taxes (EBIT) $ 135,000 Interest expense 41,407 Earnings before taxes (EBT) $ 93,593 Federal and state income taxes (25%) 23,398 Net income $ 70,195 Earnings per share $ 0.8718 Price per share on December 31, 2021 $ 11.00 Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places. Ratio Barry Industry Average Current 1.86 Quick 1.29 Days sales outstandinga days 35 days Inventory turnover 6.69 Total assets turnover 1.67 Profit margin % 2.43 % ROA % 4.07 % ROE % 9.69 % ROIC % 7.60 % TIE 3.17 Debt/Total capital % 41.75 % M/B 4.10 P/E 15.17 EV/EBITDA 7.58 aCalculation is based on a 365-day year. Construct the DuPont equation for both Barry and the industry. Do not round intermediate calculations. Round your answers to two decimal places. FIRM INDUSTRY Profit margin % 2.43% Total assets turnover 1.67 Equity multiplier