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15 2 Markus Company's common stock sold for $4.25 per share at the end of this year. The company paid preferred stock dividends totaling
15 2 Markus Company's common stock sold for $4.25 per share at the end of this year. The company paid preferred stock dividends totaling $4,400 and a common stock dividend of $0.95 per share this year. It also provided the following data excerpts from this year's financial statements BOOK Cash Accounts receivable P Inventory Ending Beginning Balance Balance $ 43,000 $ 38,000 $ 80,000 $60,000 $ 66.400 S 80,000 $ 189,400 $178,000 $663.000 $710,200 $ 75.000 $ 69,000 $178.000 $160.200 $46,000 $46.000 $100,000 $100,000 Curent assets Total assets Current liabilities Total abilities Preferred stock Common stock. $1 par value Total stockholders' equity Total liabilities and stockholders' equity $485.000 $ $50,000 $663,000 $710.200 This Year 930,000 Sales (all on account) $ 539,400 Cost of goods sold $ 390.600 Gross margin $ 240625 Net onerating income > Save & Ext Son Clack by wik
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