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15 3 ponts Markus Company's common stock sold for $4.25 per share at the end of this year. The company paid preferred stock dividends
15 3 ponts 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 P Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Preferred stock Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Beginning Balance Balance $ 43.000 $ 38,000 $ 80.000 $ 60.000 $ 66,400 $ 80.000 $389,400 $178.000 $663.000 $710,200 $ 75.000 $ 69,000 $178,000 $160.200 $ 46,000 $46,000 $100,000 $100,000 550,000 $485,000 $ $663,000 $710,200 This Year Sales (all on account) 930,000 $ 539,400 Cost of goods sold $ 390,600 Gross margin 240,625 Net oneration Income WWW Save & Exit Ched by wa
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