a. Calculate the following ratio for Berry: Current ratio Quick ratio Days sales outstanding Inventory turnover ratio Total assets turnover ratio TIE Total Debt/Total Capital ata for Barry Computer Co, and its industry averages follow. Assume that it uses a 365 -day year. b. Comment on the Berry's strength and weakness in terms of liquidity, asset management, and debt management. List your reasons. Materials I.abor I Teat, light, and power Indirect labor 1)epreciation Gross profit Selling expenses Ceneral and administrative expenses Tarnings before interest and taxes (T.BIT) Interest expense Farnings before taxes (FBT) Federal and state income taxes (40%) Not incume $717,000 453,000 68,000 113,000 $215,00041,50(1) 115,000 $70,00030,000 24,500 $45,500 18,200$27,300 Industry average: Current ratio: 2.0x Quick ratio: 1.3x Days sales outstanding: 35 days Inventory turnover ratio: 6.7x Total assets turnover ratio: 3.0x TIE: 3.0x Total Debt/Total capital: 47.0%