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Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below. What is the firm's 2020 current ratio? Do not round

image text in transcribedQuantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below.

What is the firm's 2020 current ratio? Do not round intermediate calculations. Round your answer to two decimal places. If the industry average debt-to-assets ratio is 30%, then Rosnan's creditors have a cushion than indicated by the industry average. What is the firm's 2020 net profit margin? Do not round intermediate calculations. Round your answer to two decimal places. % If the industry average profit margin is 12%, then Rosnan's lower than average debt-to-assets ratio might be one reason its high profit margin. What is the firm's 2020 price/earnings ratio? Do not round intermediate calculations. Round your answer to two decimal places. Using the DuPont equation, what is the firm's 2020 ROE? Do not round intermediate calculations. Round your answer to two decimal places. % What is the firm's 2020 current ratio? Do not round intermediate calculations. Round your answer to two decimal places. If the industry average debt-to-assets ratio is 30%, then Rosnan's creditors have a cushion than indicated by the industry average. What is the firm's 2020 net profit margin? Do not round intermediate calculations. Round your answer to two decimal places. % If the industry average profit margin is 12%, then Rosnan's lower than average debt-to-assets ratio might be one reason its high profit margin. What is the firm's 2020 price/earnings ratio? Do not round intermediate calculations. Round your answer to two decimal places. Using the DuPont equation, what is the firm's 2020 ROE? Do not round intermediate calculations. Round your answer to two decimal places. %

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