Data for Barry Computer Co. and its industry averages follow. Calculate the indi

Question

Data for Barry Computer Co. and its industry averages follow.

Calculate the indicated ratios for Barry. Round your answers to two decimal places.

aCalculation is based on a 365-day year.

Construct the Du Pont equation for both Barry and the industry. Round your answers to two decimal places.

Barry Computer Company: Balance Sheet as of December 31, 2014 (In Thousands) Cash $43,470 Accounts payable $72,450 Receivables 246,330 Other current liabilities 65,205 Inventories 217,350 Notes payable 57,960    Total current assets $507,150    Total current liabilities $195,615 Long-term debt $152,145 Net fixed assets 217,350 Common equity 376,740 Total assets $724,500 Total liabilities and equity $724,500

Explanation / Answer

Ratio Barry Current 507150/196615 = 2.579 Quick (507150 - 217350)/196615 = 1.481 Days sales outstandinga (246330 * 365 ) / 1050000 = 85.62 days Inventory turnover (892500/217350 ) = 4.02 Total assets turnover 1050000/724500 = 1.45x Profit margin 28671/1050000 = 2.73% ROA 28671/724500 = 3.96% ROE 28671/376740 = 7.61% ROIC 28671/ (376740 + 152145 ) = 5.42% TIE 63000/15215 = 4.14x Debt/Total capital 152145/ 528885 = 28.77%

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