Act as a consultant hired by the operations director of the Barry Computer Company to do a financial analysis and comparison to the industry. You will conduct a financial ratio analysis to gain a good understanding of the company's financial performance and will then write up an evaluation of the organization's financial health, as well as your recommendations for how specific ratios can be improved within the next 3-5 years.

Submityour evaluation of an organization's financial health based on financial ratios, to include the following:

Part 1: Financial Information (2-3 pages, plus Excel spreadsheet)

• Calculate the following ratios for the Barry Computer Company using the Excel spreadsheet provided.

Ratio	Calculation
Current	Current Assets/Current Liabilities
Quick	Current Assets - Inventories/Current Liabilities
Days Sales Outstanding	Receivables/(Annual Sales/365)
Inventory Turnover	Sales/Inventories
Total Assets Turnover	Sales/Total Assets
Profit Margin	Net Income/Sales
ROA	Net Income/Total Assets
ROE	Net Income/Common Equity
ROIC	EBIT(1 - T)/Total Invested Capital
TIE	EBIT/Interest Charges
Debt/Total Capital	Total Debt/(Total Debt + Equity)
M/B	Market Price/Book Value
P/E	Price per Share/Earnings per Share
EV/EBITDA	(Market Value of Equity + Market Value of Total Debt + Market Value of Other Financial Claims - Cash and Equivalents)/EBITDA

• Analyze computations to determine which ratios are above and below their industry averages, and for each, provide a brief explanation as to why that might be the case.
• Evaluate the financial health of the organization, including in what areas the organization could improve.

Ratio		Barry Computers	Industry Averages
Current	Current Assets/Current Liabilities	#DIV/0!	2.0X
Quick	Current Assets - Inventories/Current Liabilities	#DIV/0!	1.3X
Days Sales Outstanding	Receivables/(Annual Sales/365)	#DIV/0!	35	days
Inventory Turnover	Sales/Inventories	#DIV/0!	6.7X
Total Assets Turnover	Sales/Total Assets	#DIV/0!	3.0X
Profit Margin	Net Income/Sales	#DIV/0!	1.2%
ROA	Net Income/Total Assets	#DIV/0!	3.6%
ROE	Net Income/Common Equity	#DIV/0!	9.0%
ROIC	EBIT(1-T)Total Invested Capital	#DIV/0!	7.5%
TIE	EBIT/Interest Charges	#DIV/0!	3.0X
Debt/Total Capital	Total Debt/(Total Debt + Equity)	#DIV/0!	47.0%
M/B	Market Price/Book Value	#DIV/0!	4X
P/E	Price per Share/Earnings per Share	#DIV/0!	17.86X
EV/EBITDA	(Market Value of Equity + Market Value of Total Debt + Market Value of Other Financial Claims - Cash and Equivalents)/EBITDA	#DIV/0!	9.00X
Balance Sheet	Enter figures below
Cash	$0
Receivables	$0
Inventories	$0
Total Current Assets	$0
Net Fixed Assets	$0
Total Assets	$0
Accounts Payable	$0
Other Current Liabilities	$0
Notes Payable to Bank	$0
Total Current Liabilities	$0
Long-Term Debt	$0	Shares Outstanding
Common Equity (36,100 shares)	$0	36,100
Total Liabilities and Equity	$0
Income Statement
Sales	$0
Cost of Goods Sold	0
Materials	$0
Labor	$0
Heat, light, and power	$0
Indirect Labor	$0
Depreciation	$0
Gross Profit	$0
Selling Expenses	$0
Gen. Admin Expenses	$0
EBIT	$0
Interest Expense	$0
EBT	$0	Tax Burden
Fed and State Income Taxes (25%)	$0	25%
Net Income	$0
Earnings per Share	$0.00000
Price per Share	$0.00
Book Value (Common Equity/Shares)	$0.00