Income Statements: What is the firm's 2019 current ratio? Round your answer to two decimal places. The 2019 current ratio indicates that frosnan ha: urrent assets to meet its current obligations as they come due. What is the firm's 2019 total assets turnover rat 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 analyst might conclude that Rosnan's foxed assets are managed in's 2019 debe-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 o cushion than ind cated by the industry average, What is the firm's 2019 profit margin? Round your answer to two decimal places: If the industry average proft margin is 12%, then Rosnan's lower than average debt-to-capital ratio might be ore reason for its high profit margin. What is the firm's 2019 price/earnings ratio? Round your answer to two decima! places. Using the DuPont equation, what is the firm's 2019 ROE? Round your answer to two decimal plocis. 1. Analysis of Financial Statements: Tying the Ratios Together The DuPont equation shows the relationships among asset management, debt mansgement, and of improwng the firm's performance. Its equation is: ROE=ProfitmarginTotalassetstun atios. Management can use the DuPont equation to anslyze ways maltiplier Ratio analysis is important to understand and interpret firancial statements; however, sound financal analysis involves mere than just calculating and interpreting numbers foctars abo need to be considered. Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. dialance Sheets: 1. Analysis of Financial Statements: Tying the Ratios Together The DuPont equation shows the relationships among asset management, debt management, and of improving the firm's performance. Its equation is: ratios. Management can use the DuPont equation to anaiyre ways ROE = Profit margin Total assets turnover Equity multiplier Ratio analysis is important to understand and interpret financial staterpents; however, sound financial analysis involves more than fust caiculating and interpreting numbers. actors also need to be considered. Troblem: Rosnan Industries' 2019 and 2018 balance sreets and income stotements are shown below