please just answer a. total debt/ total assets and b. for the industry, ROE

thank you

Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $225,000 Accounts payable Receivables 1,575,000 Notes payable Inventories 1,150,000 Other current liabilities Total current assets $2,950,000 Total current liabilities Net fixed assets 1,355,000 Long-term debt Common equity Total assets $4,305,000 Total liabilities and equity $ 600,000 100,000 515,000 $1,215,000 400,000 2,690,000 $4,305,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative expenses 939,000 Earnings before interest and taxes (EBIT) $ 186,000 Interest expense 40,000 Earnings before taxes (EBT) $ 146,000 Federal and state income taxes (25%) 36,500 Net income $ 109,500 days a. Calculate the indicated ratios for Lozano. Do not round intermediate calculations. Round your answ Ratio Lozano Industry Average Current assets/Current liabilities 2.43 2.0 Days sales outstanding (365-day year) 77 35.0 days COGS/Inventory 5.54 6.7 Sales/Fixed assets 5.53 12.1 Sales/Total assets 3.0 1.74 Net income/Sales 1.46 96 Net income/Total assets 2.54 96 3.6% Net Income/Common equity 4.1 9.0% % Total debt/Total assets % 10.0% Total liabilities/Total assets 37.5 % 60.0% b. Use the extended DuPont equation to calculate ROE for both Lozano and the industry. Do not round inte For the firm, ROE is 4.07 %. CEO 1.29 & For the industry. ROE is 9