2019 2018 $ 90 75 Cash and equivalents Accounts receivable Inventories 275 300 375 350 Total current assets $ 740 725 Net plant and equipment Total assets 2,000 1,490 $2,740 $2,215 $ 150 85 75 50 140 165 $ 365 $ 300 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity 450 290 1,225 700 1,225 400 $2,740 $2,215 Income Statements: 2019 2018 Sales $1,885 1,250 $ 635 $1,425 1,000 $ 425 Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT 100 75 $ 535 $ 350 Interest 63 46 $ 472 $ 304 EBT Taxes (25%) 118 76 Net income $ 354 $ 228 $ 54 $ 48 Dividends paid Addition to retained earnings $ 300 $ 180 Shares outstanding 100 100 Price $25.00 $22.50 10.00 % WACC What is the firm's 2019 current ratio? Round your answer to two decimal places. 2.03 Show All Feedback V The 2019 current ratio indicates that Rosnan has sufficient current assets to meet its current obligations as they come due. What is the firm's 2019 total assets turnover ratio? Round your answer to four decimal places. 0.6880 Show All Feedback Given the 2019 current and total assets turnover ratios calculated above, if Rosnan's 2019 quick ratio is 1.0 then an analyst might conclude that Rosnan's fixed assets are managed inefficiently What is the firm's 2019 debt-to-capital ratio? Round your answer to two decimal places. % Show All Feedback cushion than indicated by the industry average. If the industry average debt-to-capital ratio is 30%, then Rosnan's creditors have a bigger "What is the firm's 2019 profit margin? Round your answer to two decimal places. % If the industry average debt-to-capital ratio is 30%, then Rosnan's creditors have a bigger cushion than indicated by the industry average. What is the firm's 2019 profit margin? Round your answer to two decimal places. % Show All Feedback If the industry average profit margin is 12%, then Rosnan's lower than average debt-to-capital ratio might be one reason for its high profit margin. True What is the firm's 2019 price/earnings ratio? Round your answer to two decimal places. Show All Feedback Using the DuPont equation, what is the firm's 2019 ROE? Round your answer to two decimal places. %