Ratio Analysis Data for Barry Computer Co. and its industry averages follow. Bar
ID: 2600272 • Letter: R
Question
Ratio Analysis Data for Barry Computer Co. and its industry averages follow. Barry Computer Company Balance Sheet as of December 31, 2014 (In Thousands) Cash $209.040 627,120 522,600 $1,358,760 Accounts payable Other current liabilities 174,200 Notes payable $243,880 87,100 Total current assets Total current liabiaties Long-term debt Common equity Total liabilities and 1,742,000 equity 505,180 $470,340 Net fixed assets 383,240 766,480 Total assets $1,742,000 Barry Computer Company: Income Statement for Year Ended December 31, 2014 (In Thousands) Sales $2,600,000 Cost of goods sold Materials Labor Heat, light, and power Indirect labor Depreciation $1,040,000 754,000 156,000 208,000 104,000 $2,262,000 $338,000 208,000 52,000 $78,000 37,627 40,373 16,149 $24,224 Gross profit Selling expenses General and administrative expenses Earnings before interest and taxes (EBIT) Interest expense Earnings before taxes (EBT) Federal and state income taxes (40%) Net income Calculate the indicated ratios for Barry. Round your answers to two decimal places. Ratio Current Quick Days sales outstanding Inventory turnover a. Barry Industry Average 2.72x 1.67x 41.92days 5.33x daysExplanation / Answer
b. Du Pont Equation :
c. IV.
d. III.
Barry Industry Average Current Ratio 2.69 x 2.72 x Quick Ratio 1.66 x 1.67 x Days Sales Outstanding 88.04 days 41.92 days Inventory Turnover 4.33 x 5.33 x Total Asset Turnover 1.49 x 1.74 x Profit Margin 0.93 % 0.89 % ROA 1.39 % 1.55 % ROE 3.16 % 3.51% ROIC 3.78 % 7.30 % TIE 2.07 x 3.20 x Debt / Total Capital 56 % 47.5%Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.