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 $ 194,110 Accounts payable $ 207,975
Receivables 402,085 Other current liabilities 152,515
Inventories 277,300 Notes payable to bank 166,380
Total current assets $ 873,495 Total current liabilities $ 526,870
Long-term debt 305,030
Net fixed assets 513,005 Common equity (55,460 shares)554,600
Total assets $ 1,386,500 Total liabilities and equity $ 1,386,500
Barry Computer Company:
Income Statement for Year Ended December 31,2021(in thousands)
Sales $ 2,350,000
Cost of goods sold
Materials $1,104,500
Labor 587,500
Heat, light, and power 94,000
Indirect labor 235,0002,021,000
Gross profit $ 329,000
Selling expenses 188,000
General and administrative expenses 23,500
Depreciation 47,000
Earnings before interest and taxes (EBIT) $ 70,500
Interest expense 24,402
Earnings before taxes (EBT) $ 46,098
Federal and state income taxes (25%)11,525
Net income $ 34,573
Earnings per share $ 0.6234
Price per share on December 31,2021 $ 14.00
Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places.
Ratio Barry Industry Average
Current
\times 1.69\times
Quick
\times 1.16\times
Days sales outstandinga
days 29 days
Inventory turnover
\times 8.89\times
Total assets turnover
\times 2.02\times
Profit margin
%1.37%
ROA
%2.77%
ROE
%6.63%
ROIC
%7.70%
TIE
\times 2.82\times
Debt/Total capital
%47.05%
M/B
4.40
P/E
24.67
EV/EBITDA
11.08
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
%1.37%
Total assets turnover
\times 2.02\times
Equity multiplier
\times
\times

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