The financial information for Roger Inc. is given below: Ratio Current Quick Days sales outstanding Inventory turnover Total assets turnover Industry Average 20x 13x 35.0 days 6.7x 3.0x Profit margin 1.2% 3.6% ROA ROE Total debt/total assets Calculation is based on a 365-day year. 9.096 60.0% Cash Receivables Inventories Total current assets Balance Sheet as of December 31, 2008 (In Thousands) $ 77,500 Accounts payable $129.000 336,000 Notes payable 84,000 241,500 Other current liabilities 117,000 $655,000 Total current liabilities $330,000 Long-term debt 256,500 292,500 Common equity 361,000 $947.500 Total liabilities and equity $947.500 Net fixed assets Total assets Income Statement for Year Ended December 31, 2008 (In Thousands) $1607,500 $ 717,000 453,000 68,000 113,000 41,500 Sales Cost of goods sold Materials Labor Heat, light, and power Indirect labor Depreciation Gross profit Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Federal and state income taxes (40%) Net income 1,392,500 $ 215,000 115,000 30,000 $ 70,000 24,500 $ 45,500 18,200 $ 27.300 a. Calculate the debt management and asset management ratios for Roger Inc. b. Outline Roger's strengths and weaknesses as revealed by your analysis. You only have to focus on debt management and asset management areas of business performance. c. Calculate ROE using du-pont equation for the firm and Industry (make table). Conduct Du-pont analysis by comparing the ROE of firm with the industry