Question: Allempts Average /1721. Problem 4.23(Ratio Analysis)eBookData for Barry Computer Co, and its industry averapes follow. The firm's debt is priced at par, so the market
Allempts Average /1721. Problem 4.23(Ratio Analysis)eBookData for Barry Computer Co, and its industry averapes follow. The firm's debt is priced at par, so the market value of es dete equals is book walle Since dollars are in thousands, the number of shares is shown in thousands too.Barry Computer CompanyBalance sheet as of December 31,2021(in thousands)\table[[Cash,$ 157,620,Accounts payable,$ 210,160],[Receivables,499,130,Other current liablities,144,485],[Inventories,380,915,Notes payable to bank,105,080],[Total current assets,$1,037,665,Total current liabilities,$ 459,725],[,,Long-term debt,262,700],[Net fixed assets,275,835,Common equity (59,107.5 shares),591,075],[Total assets,$1,313,500,Total liabilities and equity,$1,313,500]]Barry Computer Company:Income Statement for Year Ended December 31,2021(in thousands)\table[[Sales,,$1,850,000],[Cost of goods sold],[Materials,$777,000,],[Labor,462,500,],[Heat, light, and power,111,000,],[Indirect labor,92,500,1,443,000],[Gross profit,,$ 407,000],[Selling expenses,,203,500],[General and administrative expenses,,55,500],[Depreciation,,74,000],[Earnings before interest and taxes (EBIT),,$ 74,000]]Barry Computer Company:Income Statement for Year Ended December 31,2021(in thousands)\table[[Sales,$1,850,000],[Cest of goods sold],[Materials,$777,000,],[Labor,462,500,],[Heat, lighe, and power,111,000,],[Indirect labor,92,500,1,443,000],[Gross profit,,$ 407,000],[Selling expenses,,203,500],[General and adminivative expenses,,55,500],[Depreciation,,74,000],[Earnings before interest and taxes (fBIT),,574,000],[Interest expense,,18,389],[Earnings before taxes (EBT),,$ 55,611],[Federal and state income taxes (25%),,13,903],[Net income,,$ 41,708],[Earnings per share,,$ 0.7056],[Price per share on December 31,2021,,$ 10.00]]a. Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places.\table[[Ratio,Barry,Industry Average],[Current,,2.2.3x],[Quick,x,1.48 x],[Days sales outstanding",days,47 days],[Inventory turnover,,5.20 x],[Total assets turnover,,1.64x],[Profit margin,%,2.15%],[ROA,%,3.53%],[ROE,%,7.51%],[RDIC,%,7,00%],[THE,,4,05x],[Debe/Total capital,%,37,76%]]Price per share on December 31,2021$10.00a. Calculate the indicated ratios for Barry, Do not round intermediate calculations. Round your answers to two decimal places.\table[[Ratio,Barry,Industry Average],[Current,,2.23x],[Quick,,1.48x],[Days sales outstanding*,days,47 days],[Inventory turnover,,5.20 x],[Total assets turnover,,1.64x],[Profit margin,,2.15%],[ROA,,3.53%],[RDE,,7.51%],[ROAC,,7.00%],[TIE,,4.05x],[Debe/Total capital,,37.76%],[M/B,,3.00],[P/E,,16.80],[EW/EBITDA,,7.57]]*Calculation is based on a 365-day year.b. Construct the DuPont equation for both Barry and the industry. Do not round intermediate calculations. Round your answers to two decimal places.\table[[,FIRM,INDUSTRY,],[Profit margin,%,2.15%,],[Total assets turnover,,1.64,],[Equity multiplier,,,
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