Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below. Balance Sheets: 2018 2017 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest EBT Taxes (40%) Net income Dividends paid Addition to retained earnings Shares outstanding Price WACC Income Statements: $110 275 375 $760 2,000 $2,760 $150 75 160 $385 450 1,225 700 $2,760 2018 $2,000 1,250 $750 100 $650 62 $588 235 $353 $53 $300 100 $25.00 10.00% $95 300 350 $745 1,490 $2,235 $85 50 185 $320 290 1,225 400 $2,235 2017 $1,500 1,000 $500 75 $425 45 $380 152 $228 $48 $180 100 $22.50 What is the firm's 2018 current ratio? Round your answer to two decimal places. If the industry average debt-to-total-assets ratio is 30%, then Rosnan's creditors have a -Select- cushion than indicated by the industry average. What is the firm's 2018 net profit margin? Round your answer to four decimal places. % If the industry average profit margin is 12%, then Rosnan's lower than average debt-to-total-assets 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. % Check My Work (3 remaining)