Quantitative Problem:Rosnan Industries' 2014 and 2013 balance sheets and income statements are shown below.

Balance Sheets: 2014 2013 Cash and equivalents $50 $45 Acoounts receivable 225 300 Inventories 325 350 Total current assets $210 $585 Net plant and equipment 2,000 1,480 ToIIIl assets $2,?10 $2,185 Accounts payable $150 $85 Accmals F5 50 Notes payable 110 135 Total current liabilities $335 $220 Longten'n debt 450 280 Common stock 1,225 1,225 Retained earnings 200 400 Total liabilities and equity $2,210 $2,185 Income Statements: 2014 2013 Sales $2.0m] $1,501] Operating costs excluding depreciation 1,250 1,000 E81TDA $250 $5oo Depreciation and amortization 100 25 E81T $550 $425 Interest 52 45 EET $555 $350 Taxes [45%] 235 152 Net income $353 $228 Dividends paid $53 $48 Addition to retained earnings $300 $180 Shares outstanding 100 100 Price $25.00 $22.50 WACC 10.00 31': What is the n'n's 2014 current ralio? Round your answer to two decimal places. The 2014 current ralio indicates that Rosnan has_ current assets to meet its current obligations as d1ey come due. What is the n'n's 2014 total assets turnover ratio? Round your answer to four decimal places. I: Given the 2014 current and total assets turnover ratios calculated above, if Rosnan's 2014 quick ratio is 1.0 then an analyst might conclude that Rosnan's xed assets are managed _. What is the n'n's 2014 debtbocapital ratio? Round your answer to two decimal places. | a. If d1e industry average debt-to-cxapital ratio is 30%, then Rosnan's creditors have a cushion than indicated by the induslry average. What is the n'n's 2014 prot margin? Round your answer to two decimal places. i be If d1e industry average prot margin is 12%, then Rosnan's lower d1an average debt-to-capital ratio might be one reason for its high prot margin. 5elecl- v What the rrn's 2014 pricefeamings ratio? Round your answer to two decimal places. l """"" 7 Using the DuPont equation, what is the n'n's 2014 ROE? Round your answer to two decimal places. I l%