Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Balance Sheets: begin{tabular}{lrrrr} Accounts payable & 150 & $85 Accruals & 75 & 50 Notes payable & 140 & & 165 cline

image text in transcribedimage text in transcribed

Balance Sheets: \begin{tabular}{lrrrr} Accounts payable & 150 & $85 \\ Accruals & 75 & 50 \\ Notes payable & 140 & & 165 \\ \cline { 2 } Total current liabilities & 365 & $300 \\ Long-term debt & 450 & 290 \\ Common stock & 1,225 & 1,225 \\ Retained earnings & 700 & \\ Total liabilities and equity & $2,215$2,740 & \( \stackrel{400}{\hline \hline} \) \end{tabular} DividendspaidAdditiontoretainedearnings$$54300$$48180 SharesoutstandingPriceWACC100$25.0010.00%100$22.50 What is the firm's 2019 current ratio? Round your answer to two decimal places. The 2019 current ratio indicates that Rosnan has 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. Given the 2019 current and total assets turnover ratios calculated above, if Rosnan's 2019 quick ratio is 1.0 then an ande that Rosnan's fixed assets are managed What is the firm's 2019 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. What is the firm's 2019 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 its high What is the firm's 2019 price/earnings ratio? Round your answer to two decimal places. Using the DuPont equation, what is the firm's 2019 ROE? Round your answer to two decimal places. %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Commodity Market Trading And Investment

Authors: Tom James

1st Edition

1137432802, 978-1137432803

More Books

Students also viewed these Finance questions