Please answer the question on the first picture

f. Calculate Corrigan's ROE as well as the industry average ROE, using the DuPont equation. Note, you should get the same ROE that you derived in the direct calculation, above. From this analysis, how does Corrigan's financial position compare with the industry average numbers? g. What do you think would happen to its ratios if the company initiated cost-cutting measures that allowed it to hold lower levels of inventory and substantially decreased the cost of goods sold? No calculations are necessary. Think about which ratios would be affected by changes in these two accounts. Currigan Coepores of Docermber 31 Inverae Statsmess 1. Calculate the following ratios, uaing the data provided above. "Industry avetage natios have been conakast for the pust 4 yrars. "Baned on yeat-cnd balance shoet figuree. "Calculation is baned on a 365 day year. "Meanured an (Sboet-eern deht + 1.eng-tern seboYSbiet-term debt + Long-term deth + Consmno equ 2. Analyis rosition has chaspod over time. posithin is stal helow the indiatry iveried ar 2.7. f. Calculate Corrigan's ROE as well as the industry average ROE, using the DuPont equation. Note, you should get the same ROE that you derived in the direct calculation, above. From this analysis, how does Corrigan's financial position compare with the industry average numbers? g. What do you think would happen to its ratios if the company initiated cost-cutting measures that allowed it to hold lower levels of inventory and substantially decreased the cost of goods sold? No calculations are necessary. Think about which ratios would be affected by changes in these two accounts. Currigan Coepores of Docermber 31 Inverae Statsmess 1. Calculate the following ratios, uaing the data provided above. "Industry avetage natios have been conakast for the pust 4 yrars. "Baned on yeat-cnd balance shoet figuree. "Calculation is baned on a 365 day year. "Meanured an (Sboet-eern deht + 1.eng-tern seboYSbiet-term debt + Long-term deth + Consmno equ 2. Analyis rosition has chaspod over time. posithin is stal helow the indiatry iveried ar 2.7