The DuPont equation shows the relationships among asset management, debt management, and ratios. Management can use the DuPont equation to analyze ways of improving the firm's performance. Its equation is:Ratio analysis is important to understand and interpret financial statements; however, sound financial analysis involves more than just calculating and interpreting numbers. factors also need to be considered.Quantitative Problem: Rosnan Industries' $2019$ and $2018$ balance sheets and income statements are shown below.Balance Sheets: $20192018$Cash and equivalents$$110$$$95$Accounts receivable$275300$Inventories$375350$ Total current assets$$760$$$745$Net plant and equipment$2,0001,490$Total assets$$2,760$$$2,235$ Accounts payable$$150$$$85$Accruals$7550$Notes payable$160185$ Total current liabilities$$385$$$320$Long$-$term debt$450290$Common stock$1,2251,225$Retained earnings$700400$Total liabilities and equity$$2,760$$$2,235$Income Statements: $20192018$Sales$$1,885$$$1,425$Operating costs excluding depreciation$1,2501,000$EBITDA$$635$$$425$Depreciation and amortization$10075$EBIT$$535$$$350$Interest$6346$EBT$$472$$$304$Taxes $(25\%)11876$Net income$$354$$$228$ Dividends paid$$54$$$48$Addition to retained earnings$$300$$$180$ Shares outstanding$100100$Price$$25\mathrm{.}00$$$22\mathrm{.}50$WACC$10\mathrm{.}00\%$ 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.Given the $2019$ current and total assets turnover ratios calculated above, if Rosnan's $2019$ quick ratio is $1\mathrm{.}0$ then an analyst might conclude that Rosnan's fixed assets are managed $.$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.Using the DuPont equation, what is the firm's $2019$ ROE? Round your answer to two decimal places. $\%$