1.What is the firms 2014 total assets turnover ratio? Round your answer to four decimal places.

2.What is the firms 2014 debt-to-capital ratio? Round your answer to two decimal places.

Please show step by step how to solve this problem.

Quantitative Problem: Rosnan Industries 2014 and 2013 balance sheets and income statements are shown belaw. Balance Sheets: Cash and equivalents $70 $55 Accounts receivable $720 $705 Net Plant and equip $2,720 $2,195 $150 Accounts payable $85 Notes payable Total current liabilities $345 $280 Long-term debt Common stock 1,225 1,225 Retained earnings bilities and equity $2,720 $2,195 2013 $2,000 $1,500 excluding depreciation operating costs $750 $500 Depreciation and amortization SE50 $425 $588 $380 $353 $228 $53 $48 Dividends paid $300 $180 Addition to retained eamings shares outstanding $25.00 $22.50