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1. what is the price earnings ratio? 2. what is the return on total assets assuming a 30% tax rate? (rounded to the 1 decimal
1. what is the price earnings ratio?
2. what is the return on total assets assuming a 30% tax rate? (rounded to the 1 decimal place)?
3. what is the book value per share at the end of this year ( rounded 2 decimal place)?
4. what is the inventory turnover and average sale period?
5. what is the companies operating cycle?
6.what is the total asset turn over?
7. what is the times interest earned ratio?
8. what is the debt to equity ratio at the end of the year (round answer two decimal point)?
9.what is the equity multiplier? (round two decimal place)
Required information (The following information applies to the questions displayed below.) Markus Company's common stock sold for $6.50 per share at the end of this year. The company paid a common stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash $ 57,500 $ 50,000 Accounts receivable $ 108,000 $ 75,000 Inventory $ 83,500 $ 108,000 Current assets $ 249,000 $ 233,000 Total assets $ 975,000 $1,086,000 Current liabilities $ 97,500 $ 109,500 Total liabilities $ 240,000 $ 216,000 Common stock, $1 par value $ 185,000 $ 185,000 Total stockholders' equity $ 735,000 $ 870,000 Total liabilities and stockholders' equity $ 975,000 $1,086,000 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $1,275,000 $ 739,500 $ 535,500 $ 419,250 $ 19,500 $ 279,825Step by Step Solution
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