Q2-4. Financial ratio analysis (LYZ) Data for LYZ Chip Company and its industry average follow. 2-4-1. Calculate the indicated ratios for LYZ. 2-4-2. Construct the extended Dupont equation for both LYZ and industry. 2-4-3. Outline Lozano's strengths and weakness as revealed by your analysis. 2019 Income statement Net sales Less: Cost of goods sold Gross profit Less: Operating expenses Less: depreciation Earnings before interest and tax less: Interest Earnings before tax less: tax Net income 7,500,000.00 6375,000.00 1,125,000.00 933,000.00 0.00 192,000.00 40,000.00 152,000.00 38,000.00 114,000.00 Balance sheet 2019 Cash Account receivable Inventory Total current assets Net fixed assets Total assets 225,000.00 1,575,000.00 1,125,000.00 2,925,000.00 1,350,000.00 4,275,000.00 Account payable Short-term notes Other current liabilities Total current liabilities Long-term debt Total liabilities Owner's equity Total liabilities and owners' equity 600,000.00 100,000.00 525,000.00 1,225,000.00 400,000.00 1,625,000.00 2,650,000.00 4,275,000.00 Ratio analysis 2019 Industry ang 2 35 days Current asset / Current liabilities Days sales outstanding (365-day year) Cogs/inventory Sales/ Fixed assets Sales/Total assets Net Income / Sales Net income / Total assets Net income /total equity Total long term debt/total assets Total liabilities/Total assets ?? ?? ?? ?? ?? ?? ?? ?? ?? ?? 12.1 3 1.20% 3.60% 9.00% 10.00% 35.0%