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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. What is the firm's 2019 current ratio? Round your answer

image text in transcribed Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. 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. 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 for its high profit margin. What is the firm's 2019 price/earnings ratio? Round your answer to two decimal places

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