data for Barry computer co. and its industry averages follow

4-23 RATIO ANALYSIS Data for Barry Computer Co. and its industry averages follow a. Calculate the indicated ratios for Barry. b. Construct the DuPont equation for both Barry and the industry. c. Outline Barry's strengths and weaknesses as revealed by your analysis. d. Suppose Barry had doubled its sales as well as its inventories, accounts receivable, and common equity during 2015. How would that information affect the validity of your ratio analysis? (Hint: Think about averages and the effects of rapid growth on ratios if averages are not used. No calculations are needed.) Barry Computer Company: Balance Sheet as of December 31, 2015 (in Thousands) Cash Receivables Inventories Total current assets $ 77,500 336,000 241,500 $655.000 Accounts payable Other current abilities Notes payable to bank Total current liabilities Long-term debt Common equity Total liabilities and equity $129,000 117.000 34.000 $330,000 256,500 361,000 $947.500 Net fixed assets Total assets 292.500 $947.500 Barry Computer Company: Income Statement for Year Ended December 31, 2015 (in Thousands) $1,607,500 $717,000 453,000 68,000 113,000 41.500 Sales Cost of goods sold Materials Labor Heat, light, and power Indirect labor Depreciation Gross profit Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Federal and state income taxes (40%) Net income 1,392.500 $ 215,000 115,000 30,000 $ 70,000 24.500 $ 45,500 18.200 $ 27300 Ratio Barry Industry Average 2.0% 1.3x Current Quick Days sales outstanding Inventory turnover Total assets turnover Profit margin "Calculation is based on a 365-day year. 35 days 6.7% 3.0x | Management Ratio Barry Industry Average ROA ROE ROIC 3.6% 9.0% 7.5% 3.0x 47.0% TIE Debt/Total capital