Quantitative Problem: Rosnan Industries' 2020 and 2019 balance sheets and income statements are shown below.

Balance Sheets \begin{tabular}{lrr} & 2020 & 2019 \\ \cline { 2 - 3 } Assets & & \\ Cash and equivalents & $100 & $85 \\ Accounts receivable & 275 & 300 \\ Inventories & 375 & 350 \\ Total current assets & $750 & $735 \\ Net plant and equipment & 2,000 & 1,490 \\ \hline Total assets & $2,750 & $2,225 \\ \cline { 2 - 3 } \end{tabular} Liabilities and Equity \begin{tabular}{lrr} Accounts payable & $150 & $85 \\ Accruals & 75 & 50 \\ Notes payable & 150 & 175 \\ Total current liabilities & $375 & $310 \\ Long-term debt & 450 & 290 \\ \cline { 2 - 3 } Total liabilities & $825 & $600 \\ Common stock & 1,225 & 1,225 \\ Retained earnings & 700 & 400 \\ \cline { 2 - 3 } Total common equity & $1,925 & $1,625 \\ \cline { 2 - 3 } Total liabilities and equity & $2,750 & $2,225 \\ \hline \end{tabular} What is the firm's 2020 current ratio? Do not round intermediate calculations. Round your answer to two decimal places. What is the firm's 2020 net profit margin? Do not round intermediate calculations. Round your answer to two decimal places. %