Quantitative Problem: Rosnan Industries' 2018 and 2017 balance sheets and income statements are shown below. Cash and equivalents Accounts receivable Inventories Total current assets; Net plant and equipment Total assets Accounts payable Accruals Notes payable Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and equity Balance Sheets: Income Statements: 2018 $110 275 375 $760 2,000 $2,760 $150 75 160 $385 450 1,225 700 $2,760 2017 $95 300 350 $745 1,490 $2,235 $85 50 185 $320 290 1,225 400 $2,235 1:29 PM Sales Operating costs excluding depreciation EBITDA Depreciation and amortization EBIT Interest EBT Taxes (40%) Net Income Income Statements: Dividends paid Addition to retained earnings. Shares outstanding Price WACC 2018 $2,000 1,250 $750 100 $650 62 $588 235 $353 $53 $300 100 $25.00 10.00% 2017 $1,500 1,000 $500 75 $425 45 $380 152 $228 $48 $180 100 $22.50 What is the firm's 2018 current ratio? Round your answer to two decimal places. The 2018 current ratio indicates that Rosnan has Select current assets to meet its current obligations as they come due. What is the firm's 2018 total assets turnover ratio? Round your answer to four decimal places. Given the 2018 current and total assets turnover ratios calculated above, if Rosnan's 2018 quick ratio is 1.0 then an analyst might conclude that Rosnan's fixed assets are managed Select- v. What is the firm's 2018 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 -Select- cushion than indicated by the industry average. What is the firm's 2018 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 2018 price/earnings ratio? Round your answer to two decimal places. Using the DuPont equation, what is the firm's 2018 ROE? Round your answer to two decimal places. % 1:29