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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, number of shares are shown in thousands too. Barry Computer Company: Balance Sheet as of December 31, 2019 (In Thousands) Cash $ 54,740 Accounts payable Receivables 203,320 Other current liabilities Inventories 203,320 Notes payable to bank Total current assets $ 461,380 Total current liabilities Long-term debt Net fixed assets 320,620 Common equity (29,716 shares) Total assets $ 782,000 Total liabilities and equity $ 101,660 117,300 78,200 $ 297,160 187,680 297,160 $ 782,000 Barry Computer Company: Income Statement for Year Ended December 31, 2019 (In Thousands) Sales $ 1,150,000 Cost of goods sold Materials $494,500 Labor 264,500 Heat, light, and power 69,000 Indirect labor 103,500 Depreciation 34,500 966,000 Gross profit $ 184,000 Selling expenses 115,000 General and administrative expenses 23,000 Earnings before interest and taxes (EBIT) $ 46,000 Interest expense 18,768 Earnings before taxes (EBT) $ 27,232 Federal and state income taxes (25%) 6,808 Net income $ 20,424 Earnings per share $ 0.6873 Price per share on December 31, 2019 $ 14.00 a. Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places. Ratio Barry Industry Average Current 1.55 x 1.52 x Quick .87 x 0.82 x Days sales outstandinga 64.53 days 30 days Inventory turnover 6.75 x 6.18 x Total assets turnover 1.47 x 1.66 x Profit margin 1.78 % 1.66% ROA 2.61 % 2.75% ROE 6.87 % 7.31% ROIC 4.21 % 7.10% TIE 2.45 x 2.50 x Debt/Total capital 100 % 48.32% M/B 3.40 P/E 22.95 EV/EBITDA 10.54 Calculation is based on a 365-day year. b. 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 1.66% Total assets turnover 1.66x Equity multiplier