Income Statement for Year Ended December

$31,2021($in thousands$)$

Sales

$$2,700,000$

Cost of goods sold

$($EBIT$)$

Interest expense

Earnings before taxes $($EBT$)$

Federal and state income taxes

$(25\%)$

Net income

Earnings per share

Price per share on December $31,$

$2021$

a$.$ Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places.

${?}^a$ 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.

FIRM INDUSTRY

Profit margin

Total assets

$1\mathrm{.}57\%1\mathrm{.}47\%$

turnover

Equity multiplier

$2\mathrm{.}70$