Question: Data for Barry Computer Co . and its industry averages follow. The firm's debt is priced at par, so the market value of its debt

Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too.
Barry Computer Company:
Balance Sheet as of December 31,2021(in thousands)
Cash $ 140,420 Accounts payable $ 130,390
Receivables 290,870 Other current liabilities 110,330
Inventories 280,840 Notes payable to bank 90,270
Total current assets $ 712,130 Total current liabilities $ 330,990
Long-term debt 280,840
Net fixed assets 290,870 Common equity (39,117 shares)391,170
Total assets $ 1,003,000 Total liabilities and equity $ 1,003,000
Barry Computer Company:
Income Statement for Year Ended December 31,2021(in thousands)
Sales $ 1,700,000
Cost of goods sold
Materials $765,000
Labor 493,000
Heat, light, and power 68,000
Indirect labor 102,0001,428,000
Gross profit $ 272,000
Selling expenses 119,000
General and administrative expenses 34,000
Depreciation 51,000
Earnings before interest and taxes (EBIT) $ 68,000
Interest expense 25,276
Earnings before taxes (EBT) $ 42,724
Federal and state income taxes (25%)10,681
Net income $ 32,043
Earnings per share $ 0.8192
Price per share on December 31,2021 $ 10.00
Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places.
Ratio Barry Industry Average
Current
6.45
\times 2.08\times
Quick
1.30
\times 1.24\times
Days sales outstandinga
days 29 days
Inventory turnover
5.08
\times 6.35\times
Total assets turnover
0.03
\times 2.02\times
Profit margin
%1.76%
ROA
%3.55%
ROE
%9.10%
ROIC
%7.40%
TIE
\times 2.79\times
Debt/Total capital
%48.08%
M/B
5.00
P/E
14.47
EV/EBITDA
7.48
aCalculation is based on a 365-day year.
Construct the DuPont equation for both Barry and the industry. Do not round intermediate calculations. Round your answers to two decimal places.
FIRM INDUSTRY
Profit margin
%1.76%
Total assets turnover
\times 2.02\times
Equity multiplier
\times
\times

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