Question: Please answer and show how to get the answer 2. Click here to read the eBook: Ratio Analysits RATIO ANALYSIS 3. Data for Barry Computer
2. Click here to read the eBook: Ratio Analysits RATIO ANALYSIS 3. Data for Barry Computer Co. and its industry averages follow. Barry Computer Company: Balance Sheet as of December 31, 2016 (In Thousands) Cash Receivables Inventories $48,050 240,250 221,030 $509,330 Accounts payable Other current liabilities Notes payable to bank $163,370 124,930 115,320 $403,620 $221,030 336,350 $961,000 Total current assets Total current liabilities Long-term debt Common equity Total liabilities and equity Net fixed assets 451,670 Total assets $961,000 Barry Computer Company: Income Statement for Year Ended December 31, 2016 (In Thousands) Sales $1,550,000 Cost of goods sold Materials Labor Heat, light, and power Indirect labor Depreciation $697,500 372,000 108,500 155,000 31,000 1,364,000 186,000 108,500 15,500 62,000 26,524 Gross proftt Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense
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