Given the following balance sheet,income statement and industry information, use the Dupont method of analyzing the firm's return on equity to answer the following 3 questions. Industry average debt ratio: 0.39 Industry average net profit margin: 6.7 percent Industry average return on equity: 12.2 percent Balance Sheet Income Statement Cash Accounts Receivable Inventory $ 6,200 $ 14,650 $ 30,180 $ 51,030 Sales COGS GP $178,250 $102,100 $76,150 Total CA Cash Oper Exp Depreciation Total Oper Exp $38,540 $15,530 $54,070 Net Fixed Assets $ 122,900 Total Assets $173,930 EBIT $22,080 Accounts Payable Accrued Taxes Accrued Wages Notes Payable $ 6,300 $3,780 $ 7,400 $10,500 $27,980 Interest Taxable Income Taxes Net Income $6,440 $15,640 $4,848 $10,792 Total CL Long Term Debt 66,000 Total Liabilities 93,980 41,800 $38,150 79,950 173,930 Common Stock Retained Earnings Total Equity Total L&E