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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets: Cash and equivalents Accounts receivable Inventories Total current

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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets: Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets 2019 $ 120 275 375 $ 770 2,000 $2,770 _2018 $ 105 300 350 $ 755 1,490 $2,245 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Income Statements: $ 150 $ 85 7550 170 195 $ 395 $ 330 450 290 1,225 1,225 700 400 $2,770 $2,245 Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest 2019 _2018 $1,885 $1,425 1,250 1,000 $ 635 $ 425 10075 $ 535 $ 350 6346 $ 472 $ 304 11876 354 $ 228 EBT Taxes (25% Net income Dividends paid Addition to retained earnings $ 54 $ 300 $ 48 $ 180 Shares outstanding Price WACC 100 100 $25.00 $22.50 10.00 % What is the firm's 2019 current ratio? Round your answer to two decimal places. The 2019 current ratio indicates that Rosnan has -Select- Acurrent 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 analyst might conclude that Rosnan's fixed assets are managed -Select- - What is the firm's 2019 debt-to-capital ratio? Round your answer to two decimal places. cushion than indicated by the industry average. If the industry average debt-to-capital ratio is 30%, then Rosnan's creditors have a -Select- 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. ( -Select- 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. %

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