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Data for Barry Computer Co. and Its Industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too. Cash Receivables Inventories Total current assets Net fixed assets Total assets Barry Computer Company: Balance Sheet as of December 31, 2021 (In thousands) $144,050 Accounts payable Labor Heat, light, and power Indirect labor 475,365 417,745 $1,037,160 Barry Computer Company: Income Statement for Year Ended December 31, 2021 (In thousands) Sales $2,150,000 Cost of goods sold Materials 403,340 $1,440,500 Gross profit Selling expenses General and administrative expenses Depreciation Earnings before interest and taxes (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 ROE ROIC TIE Total assets turnover Profit margin ROA Other current liabilities Notes payable to bank Total current liabilities Long-term debt Common equity (72,025 shares) Total liabilities and equity Profit margin Total assets turnover Equity multiplier a. Calculate the indicated ratios for Barry. Do not round Intermediate calculations. Round your answers to two decimal places. Ratio Barry Industry Average Current Quick Days sales outstanding Inventory turnover days Debt/Total capital M/B P/E EV/EBITDA *Calculation is based on a 365-day year. $860,000 580,500 129,000 193,500 1,763,000 $ 387,000 193,500 21,500 86,000 $ 86,000 36,445 $ 49,555 12,389 $ 37,166 $ 0.5160 13.00 2.70x 1.62x 38 days 5.62x 1.68x 1.62% 2.72% 5.49% 7.10% 2.39x $ 187,265 129,645 72,025 $388,935 331,315 720,250 $1,440,500 35.30% 5.30 27.77 9.48 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 1.62% 1.68x

Data for Barry Computer Co. and Its Industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too. Cash Receivables Inventories Total current assets Net fixed assets Total assets Barry Computer Company: Balance Sheet as of December 31, 2021 (In thousands) $144,050 Accounts payable Labor Heat, light, and power Indirect labor 475,365 417,745 $1,037,160 Barry Computer Company: Income Statement for Year Ended December 31, 2021 (In thousands) Sales $2,150,000 Cost of goods sold Materials 403,340 $1,440,500 Gross profit Selling expenses General and administrative expenses Depreciation Earnings before interest and taxes (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 ROE ROIC TIE Total assets turnover Profit margin ROA Other current liabilities Notes payable to bank Total current liabilities Long-term debt Common equity (72,025 shares) Total liabilities and equity Profit margin Total assets turnover Equity multiplier a. Calculate the indicated ratios for Barry. Do not round Intermediate calculations. Round your answers to two decimal places. Ratio Barry Industry Average Current Quick Days sales outstanding Inventory turnover days Debt/Total capital M/B P/E EV/EBITDA *Calculation is based on a 365-day year. $860,000 580,500 129,000 193,500 1,763,000 $ 387,000 193,500 21,500 86,000 $ 86,000 36,445 $ 49,555 12,389 $ 37,166 $ 0.5160 13.00 2.70x 1.62x 38 days 5.62x 1.68x 1.62% 2.72% 5.49% 7.10% 2.39x $ 187,265 129,645 72,025 $388,935 331,315 720,250 $1,440,500 35.30% 5.30 27.77 9.48 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 1.62% 1.68x

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 17BEA: Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of...
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Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too. Barry Computer Company: Balance Sheet as of December 31, 2021 (in thousands) Accounts payable Other current liabilities $ 144,050 475,365 417,745 $1,037,160 Notes payable to bank Total current liabilities Cash Receivables Inventories Total current assets Net fixed assets Total assets Sales Cost of goods sold Materials Barry Computer Company: Income Statement for Year Ended December 31, 2021 (in thousands) $2,150,000 Labor Heat, light, and power Indirect labor Gross profit Selling expenses General and administrative expenses 403,340 $1,440,500 Depreciation Earnings before interest and taxes (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 Total assets turnover Profit margin ROA ROE ROIC TIE Debt/Total capital M/B P/E Long-term debt Common equity (72,025 shares) Total llabilities and equity EV/EBITDA *Calculation is based on a 365-day year. Profit margin Total assets turnover Equity multiplier days X % % % % a. Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places. Ratio Barry Industry Average Current Quick Days sales outstanding Inventory turnover % $860,000 580,500 129,000 193,500 1,763,000 % $ 387,000 193,500 21,500 86,000 X X $ $ $ $ $ 86,000 36,445 49,555 12,389 37,166 0.5160 13.00 2.70x 1.62x 38 days 5.62x 1.68x 1.62% 2.72% 5.49% 7.10% 2.39x 35.30% 5.30 27.77 9.48 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 1.62% 1.68x $ 187,265 129,645 72,025 X $388,935 331,315 720,250 $1,440,500
Transcribed Image Text:Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so the market value of its debt equals its book value. Since dollars are in thousands, the number of shares is shown in thousands too. Barry Computer Company: Balance Sheet as of December 31, 2021 (in thousands) Accounts payable Other current liabilities $ 144,050 475,365 417,745 $1,037,160 Notes payable to bank Total current liabilities Cash Receivables Inventories Total current assets Net fixed assets Total assets Sales Cost of goods sold Materials Barry Computer Company: Income Statement for Year Ended December 31, 2021 (in thousands) $2,150,000 Labor Heat, light, and power Indirect labor Gross profit Selling expenses General and administrative expenses 403,340 $1,440,500 Depreciation Earnings before interest and taxes (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 Total assets turnover Profit margin ROA ROE ROIC TIE Debt/Total capital M/B P/E Long-term debt Common equity (72,025 shares) Total llabilities and equity EV/EBITDA *Calculation is based on a 365-day year. Profit margin Total assets turnover Equity multiplier days X % % % % a. Calculate the indicated ratios for Barry. Do not round intermediate calculations. Round your answers to two decimal places. Ratio Barry Industry Average Current Quick Days sales outstanding Inventory turnover % $860,000 580,500 129,000 193,500 1,763,000 % $ 387,000 193,500 21,500 86,000 X X $ $ $ $ $ 86,000 36,445 49,555 12,389 37,166 0.5160 13.00 2.70x 1.62x 38 days 5.62x 1.68x 1.62% 2.72% 5.49% 7.10% 2.39x 35.30% 5.30 27.77 9.48 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 1.62% 1.68x $ 187,265 129,645 72,025 X $388,935 331,315 720,250 $1,440,500
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