Click here to read the eBook: Ratio Analysis RATIO ANALYSIS Data for Barry Computer Co. and its industry averages follow. Barry Computer Company: Balance Sheet as of December 31, 2016 (In Thousands) Cash $109,480 Accounts payable $172,040 Receivables 422,280 Other current liabilities 125,120 Inventories 375,360 Notes payable to bank 187,680 Total current assets $907,120 Total current liabilities $484,840 Long-term debt $328,440 Net fixed assets 656,880 Common equity 750,720 Total assets $1,564,000 Total liabilities and equity $1,564,000 Barry Computer Company: Income Statement for Year Ended December 31, 2016 (In Thousands) Sales $2,300,000 Cost of goods sold Materials $1,081,000 Labor 667,000 Heat, light, and power 92,000 Indirect labor 115,000 Depreciation 69,000 2,024,000 Gross profit $ 276,000 Selling expenses 138,000 General and administrative expenses 23,000 Earnings before interest and taxes (EBIT) $ 115,000 Interest expense 26,275 Earnings before taxes (EBT) $ 88,725 Federal and state income taxes (40%) 35,490 Net income $ 53,235 a. Calculate the indicated ratios for Barry. Round your answers to two decimal places. Ratio Barry Industry Average Current 1.90x Quick 1.15x Days sales outstandinga days 31.31 days Inventory turnover 6.69x Total assets turnover 1.75x Profit margin 2.16% ROA 3.78% ROE 7.88% ROIC 8.00% TIE 4.33x Debt/Total capital 41.64% Calculation is based on a 365-day year. b. Construct the DuPont equation for both Barry and the industry. Round your answers to two decimal places. FIRM INDUSTRY Profit margin 2.16% Total assets turnover 1.75x Equity multiplier