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Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2021 trhoueande of Dollars) Lozano Chip

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Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2021 trhoueande of Dollars) Lozano Chip Company: Income Statement for Year Ended December 31, b. Use the extended DuPont equation to calculate Rot for both Lozane and the industry. Do not round intermediate calculations. Round your answers to two decime places. For the firm, ROE is \%. For the industry, ROE is \%. c. Outine Lozana's strengths and weaknesses as revealed by your analysis. The firm's days sales outstanding is more than twice as long as the industry average, indicating that the firm should credit or enforce a collection policy. The total assets turnover ratio is well the industry average so sales thould te , assats , or both. While the company's proft margin is than the industry average, its other profiability ratios are compared to the industry - net income should be given the amount of equity and assets

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