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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

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 $ 68,640 Accounts payable $ 145,860
Receivables 231,660 Other current liabilities 68,640
Inventories 205,920 Notes payable to bank 77,220
Total current assets $ 506,220 Total current liabilities $ 291,720
Long-term debt 197,340
Net fixed assets 351,780 Common equity (36,894 shares) 368,940
Total assets $ 858,000 Total liabilities and equity $ 858,000

Barry Computer Company: Income Statement for Year Ended December 31, 2019 (In Thousands)
Sales $ 1,300,000
Cost of goods sold
Materials $559,000
Labor 338,000
Heat, light, and power 39,000
Indirect labor 78,000
Depreciation 65,000 1,079,000
Gross profit $ 221,000
Selling expenses 156,000
General and administrative expenses 13,000
Earnings before interest and taxes (EBIT) $ 52,000
Interest expense 15,787
Earnings before taxes (EBT) $ 36,213
Federal and state income taxes (25%) 9,053
Net income $ 27,160
Earnings per share $ 0.7362
Price per share on December 31, 2019 $ 13.00

  1. Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places.
    Ratio Barry Industry Average
    Current 1.75
    Quick 0.98
    Days sales outstandinga days 30 days
    Inventory turnover 6.89
    Total assets turnover 1.71
    Profit margin % 1.95 %
    ROA % 3.33 %
    ROE % 7.83 %
    ROIC % 7.40 %
    TIE 3.26
    Debt/Total capital % 41.37 %
    M/B 4.30
    P/E 20.06
    EV/EBITDA 8.62
    aCalculation is based on a 365-day year.

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