Question
1. What is the earnings per share? (Round your answer to 2 decimal places.) 2. What is the price-earnings ratio? (Do not round intermediate calculations.
1. What is the earnings per share? (Round your answer to 2 decimal places.)
2. What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
3. What is the dividend payout ratio and the dividend yield ratio? (Do not round intermediate calculations. Round your answers to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%.
4. What is the return on total assets (assuming a 30% tax rate)? (Round percentage answer to 1 decimal place. i.e., 0.123 should be considered as 12.3%)
Required information [The following information applies to the questions displayed below.) Markus Company's common stock sold for $2.50 per share at the end of this year. The company paid a common stock dividend of $0.40 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $ 31,500 $ 56,000 $ 50,800 $ 138,300 $ 417,000 $ 57,000 $ 117,000 $ 114,000 $ 300,000 $ 417,000 Beginning Balance $ 47,800 $ 46,300 $ 56,000 $ 150,100 $ 405,300 $ 39,000 $ 105,300 $ 114,000 $ 300,000 $ 405,300 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 650,000 $ 377,000 $ 273,000 $ 120,750 $ 7,000 $ 79,625 Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per shareStep by Step Solution
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