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Zwiebel's Cycles, Inc.: Balance Sheet as of December 31, 2022 (in thousands) Zwiebel's Cycles, Inc.: Income Statement for Year Ended December 31, 2022 (in thousands)

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Zwiebel's Cycles, Inc.: Balance Sheet as of December 31, 2022 (in thousands) Zwiebel's Cycles, Inc.: Income Statement for Year Ended December 31, 2022 (in thousands) Zwiebel's Cycles, Inc.: Income Statement for Year Ended December 31, 2022 (in thousands) Federal and state income taxes (25%) Net Income 12,25036,750 Earmings per share 1.018 Price per share on December 31, 2022 1200 Discussion Question: 1. Calculate the indicated ratios for Zwiebel's. 2. Compute the DuPont equation" for both Zwiebel's and the industry. 3. Outline Zwiebel's strengths and weaknesses as revealed by your analyses. "Note: to construct the DuPont equation for the industry (part of Question 2 above), it is helpful to recognize that Assets to Equity (the 3 component of the DuPont equation) can be calculated using the ratio ROE/ROA=( NI/E )( NI/A )=( NI/E )(A/NI)=A/E= Assets/Equity = Equity Multiplier

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