A firm has been experiencing low profitability in recent years. Perform an analysis of the firm's financial position using the DuPont equation. The firm has no lease payments but has a $3 million sinking fund payment on its debt. The most recent industry average ratios and the firm's financial statements are as follows:

Industry Average Ratios
Current ratio	4.03x		Fixed assets turnover	6.00x
Debt-to-capital ratio	18.18%		Total assets turnover	3.07x
Times interest earned	8.80x		Profit margin	5.73%
EBITDA coverage	7.80x		Return on total assets	16.43%
Inventory turnover	10.43x		Return on common equity	23.04%
Days sales outstandinga	26.44 days		Return on invested capital	20.98%

^aCalculation is based on a 365-day year.

Balance Sheet as of December 31, 2016 (Millions of Dollars)
Cash and equivalents	$43		Accounts payable	$19
Accounts receivables	32		Other current liabilities	4
Inventories	69		Notes payable	22
Total current assets	$144		Total current liabilities	$45
			Long-term debt	13
			Total liabilities	$58
Gross fixed assets	99		Common stock	52
Less depreciation	27		Retained earnings	106
Net fixed assets	$72		Total stockholders' equity	$158
Total assets	$216		Total liabilities and equity	$216

Income Statement for Year Ended December 31, 2016 (Millions of Dollars)
Net sales	$360.0
Cost of goods sold	280.8
Gross profit	$79.2
Selling expenses	28.8
EBITDA	$50.4
Depreciation expense	9.0
Earnings before interest and taxes (EBIT)	$41.4
Interest expense	3.2
Earnings before taxes (EBT)	$38.2
Taxes (40%)	15.3
Net income	$22.9

Calculate the following ratios. Do not round intermediate steps. Round your answers to two decimal places.

	Firm	Industry Average
Current ratio	x	4.03x
Debt to total capital	%	18.18%
Times interest earned	x	8.80x
EBITDA coverage	x	7.80x
Inventory turnover	x	10.43x
Days sales outstanding	days	26.44days
Fixed assets turnover	x	6.00x
Total assets turnover	x	3.07x
Profit margin	%	5.73%
Return on total assets	%	16.43%
Return on common equity	%	23.04%
Return on invested capital	%	20.98%

Construct a DuPont equation for the firm and the industry. Do not round intermediate steps. Round your answers to two decimal places.

	Firm	Industry
Profit margin	%	5.73%
Total assets turnover	x	3.07x
Equity multiplier	x	x