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Balance Sheets: 2018 2017 Cash and equivalents $110 $95 Accounts receivable 275 300 Inventories 375 350 Total current assets $760 $745 Net plant and equipment

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Balance Sheets: 2018 2017 Cash and equivalents $110 $95 Accounts receivable 275 300 Inventories 375 350 Total current assets $760 $745 Net plant and equipment 2,000 1,490 Total assets $2,760 $2,235 Accounts payable $150 $85 ccruals 75 50 Notes payable 160 185 Total current liabilities $385 $320 Long-term debt 450 290 Common stock 1,225 1,225 Retained earnings 700 400 Total liabilities and equity $2,760 $2,235 Income Statements: 2018 2017 Sales $2,000 $1,500 Operating costs excluding depreciation 1,250 1,000 EBITDA $750 $500 Depreciation and amortization 100 75 EBIT $650 $425 Interest 62 45 EBT $588 $380 Taxes (40%) 235 152 Net income $353 $228 Dividends paid Addition to retained earnings $53 $48 $300 $180 Shares outstanding 100 100 Price $25.00 $22.50 WACC 10.00% What is the firm's 2018 current ratio? Round your answer to two decimal places The 2018 current ratio indicates that Rosnan has -Seect B current assets to meet its current obligations as they come due. What is the firm's 2018 total assets turnover ratio? Round your answer to four decimal places Given the 2018 current and total assets turnover ratios calculated above, if Rosnan's 2018 quick ratio is 1.0 then an analyst might conclude that Rosnan's fixed assets are managed -Select What is the firm's 2018 debt-to-capital ratio? Round your answer to two decimal places. If the industry average debt-to-capital ratio is 30 %, then Rosnan's creditors have a cushion than indicated by the industry average Sect What is the firm's 2018 profit margin? Round your answer to two decimal places 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. -Select What is the firm's 2018 price/earnings ratio? Round your answer to two decimal places. Using the DuPont equation, what is the firm's 2018 ROE? Round your answer to two decimal places

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