Ive gotten this answer wrong the past 3 times ive worked it. Please explain the answers! Thank you!

thas a $3 million sinking fund payment on its debt. The most recent industry average ratios and the A firm has been experiending low profitability in recent years. Perform an analysis f the firm's financial position using the DuPont equation, The firm has no lease payments bu firm's finandal statements are as follows: Industry Average Ratios Current ratio 3,94x Fixed assets turnover 7.39x Debt-to-capital ratio Total assets turnoven 15.64% 3.68x 7.04 % Times interest earned Profit margin 16.61x Return on total assets EBITDA coverage 11.46x 25.47 % Return on common equity Inventory turnover 10.84x 7.19% Return on invested capital 3.78 % Days sales outstanding" 21.98 days acalculation is based on 365-day year Balance Sheet as of December 31, 2018 (Millions f Dollars) Cash dequivalents $41 Accounts payable 23 Accounts receivables Other current liabilities 16 Notes payable Inventories 83 18 Total current labilities 57 Total current assets Long-term debt 11 Total liabilities Gross flxed assets Common stork 119 Less depreciation Retained earnings Total stockholders' equity Net fixed assets $67 $157 Total assets $225 Total liabilities and equity $225 Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales $450.0 Cost of goods sold 351.0 Gross profit $99.0 Selling expenses 31.5 EBITDA $67.5 Depreciation expense 5.9 Earnings before interest and taxes (EBIT) $61.6 Interest expense 2.3 Earnings before taxes (EBT) $59.3 Taxes (40 % ) 23.7 Net income $35.6 Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal places. Industry Average Firm Current ratio 3.94x Debt to total capital 15.64% Times interest earned 16.61x EBITDA coverage 11.46x Inventory tumover 10.84x Y Days sales outstanding days 21.98 days Fixed assets turnover 7.39x Total assets turnover 3.68x x Profit margin 7,04% Return total assets 25.47% common equity 37.19% Return invested capital 33.78% Retun b. Construct a DuPont equation for the firm and the industry. Do not round intermediate calculations. Round your answers to two decimal places Firm Industry 7.04 % Profit margin Total assets turnover 3.68x Equity multiplier lance sheet accounts or the income statement fiqures seem to be primarily responsible for the low profits? felect . The low ROE for the firm is due to the fact that the firm is utilizing less debt than the average firm in the industry and the low ROA is mainly a result of an lower than average investment in assets. Analysis of the extended Du Pont equation and the set of ratios shows that the turnover ratio assets, or the firm f sales to assets is quite low; however, its profit margin compares favorably with the industry average. Either sales should higher given the present level of carrying more assets than it needs to support its sales the turnover ratio of sales to assets is quite low; however, its profit margin compares favorably with the industry average. Either sales should be lower given the present level of assets, or the firm is carrying less assets than it needs to support its sales. helow the averages, Either assets should be higher given Anbyss tended Du Pant equation and the set of ratios shows that most of th e Asset Management ratios e present level sales, r the firm is carrying less assets than it needs to . The low ROE for the firm is due to the fact that the firm is utilizing more debt than the average firm in the industry and the low ROA is mainly a result of a excess investment in assets Which Select, ific accounts seem to e most out of line relative to ofther firms the industry? L The accounts which seem to be most out of i e include the following ratios: Current, EBITDA Coverage, Inventory Turnover, Days Sales Outstanding, and Return Equity Assets, and Profit Margin. ne include the following ratios: Debt to Total Capital, Inventory Turnover, Total Asset Turnover, Retum a accounts which seem to be most out of I III The accounts which seem to be most out of line include the following ratios: Times Interest Earned, Total Asset Turnover, Profit Margin, Return on Assets, and Ret urn Equity The accounts which seem to be most out of line include the fellewing ratios: Inventory Turnover, Days Sales Qutstanding, Total Asset Turnover, Return on Assets, and Return on Eauity. thas a $3 million sinking fund payment on its debt. The most recent industry average ratios and the A firm has been experiending low profitability in recent years. Perform an analysis f the firm's financial position using the DuPont equation, The firm has no lease payments bu firm's finandal statements are as follows: Industry Average Ratios Current ratio 3,94x Fixed assets turnover 7.39x Debt-to-capital ratio Total assets turnoven 15.64% 3.68x 7.04 % Times interest earned Profit margin 16.61x Return on total assets EBITDA coverage 11.46x 25.47 % Return on common equity Inventory turnover 10.84x 7.19% Return on invested capital 3.78 % Days sales outstanding" 21.98 days acalculation is based on 365-day year Balance Sheet as of December 31, 2018 (Millions f Dollars) Cash dequivalents $41 Accounts payable 23 Accounts receivables Other current liabilities 16 Notes payable Inventories 83 18 Total current labilities 57 Total current assets Long-term debt 11 Total liabilities Gross flxed assets Common stork 119 Less depreciation Retained earnings Total stockholders' equity Net fixed assets $67 $157 Total assets $225 Total liabilities and equity $225 Income Statement for Year Ended December 31, 2018 (Millions of Dollars) Net sales $450.0 Cost of goods sold 351.0 Gross profit $99.0 Selling expenses 31.5 EBITDA $67.5 Depreciation expense 5.9 Earnings before interest and taxes (EBIT) $61.6 Interest expense 2.3 Earnings before taxes (EBT) $59.3 Taxes (40 % ) 23.7 Net income $35.6 Calculate the following ratios. Do not round intermediate calculations. Round your answers to two decimal places. Industry Average Firm Current ratio 3.94x Debt to total capital 15.64% Times interest earned 16.61x EBITDA coverage 11.46x Inventory tumover 10.84x Y Days sales outstanding days 21.98 days Fixed assets turnover 7.39x Total assets turnover 3.68x x Profit margin 7,04% Return total assets 25.47% common equity 37.19% Return invested capital 33.78% Retun b. Construct a DuPont equation for the firm and the industry. Do not round intermediate calculations. Round your answers to two decimal places Firm Industry 7.04 % Profit margin Total assets turnover 3.68x Equity multiplier lance sheet accounts or the income statement fiqures seem to be primarily responsible for the low profits? felect . The low ROE for the firm is due to the fact that the firm is utilizing less debt than the average firm in the industry and the low ROA is mainly a result of an lower than average investment in assets. Analysis of the extended Du Pont equation and the set of ratios shows that the turnover ratio assets, or the firm f sales to assets is quite low; however, its profit margin compares favorably with the industry average. Either sales should higher given the present level of carrying more assets than it needs to support its sales the turnover ratio of sales to assets is quite low; however, its profit margin compares favorably with the industry average. Either sales should be lower given the present level of assets, or the firm is carrying less assets than it needs to support its sales. helow the averages, Either assets should be higher given Anbyss tended Du Pant equation and the set of ratios shows that most of th e Asset Management ratios e present level sales, r the firm is carrying less assets than it needs to . The low ROE for the firm is due to the fact that the firm is utilizing more debt than the average firm in the industry and the low ROA is mainly a result of a excess investment in assets Which Select, ific accounts seem to e most out of line relative to ofther firms the industry? L The accounts which seem to be most out of i e include the following ratios: Current, EBITDA Coverage, Inventory Turnover, Days Sales Outstanding, and Return Equity Assets, and Profit Margin. ne include the following ratios: Debt to Total Capital, Inventory Turnover, Total Asset Turnover, Retum a accounts which seem to be most out of I III The accounts which seem to be most out of line include the following ratios: Times Interest Earned, Total Asset Turnover, Profit Margin, Return on Assets, and Ret urn Equity The accounts which seem to be most out of line include the fellewing ratios: Inventory Turnover, Days Sales Qutstanding, Total Asset Turnover, Return on Assets, and Return on Eauity