19. Compute Current Ratio and ROA using the data below (4) Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets $ 1,554.0 9,660.0 13.440.0 $24,654.0 $ 7,980.0 5.880.0 4.620.0 $18.480.0 17,346.0 $42.000.0 Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity 2015 $58.800.0 $54,978.0 $ 1.029.0 $ 2.793.0 1.050.0 $ 17430 S 610.1 10.920.0 $29,400.0 3,360.0 9.240.0 $12,600.0 $42.000.0 Income Statement (Millions of S) Net sales Operating costs except depi'n Depreciation Earnings befint and taxes (EBIT) Less interest Earnings before taxes (EBT) Taxes Net income Other data: Shares outstanding (millions) Common dividends Int rate on notes payable & L-T bonds Federal plus state income tax rate Year-end stock price S 1.133.0 175.00 $ 509.83 6.25% 35% $77.69