15 Required information The Foundational 15 (Algo) (L014-2, L014-3, L014.4, L014-5, LO14-6) The following information applies to the questions displayed below) Markus Company's common stock sold for $4 25 per share at the end of this year. The company paid a common stock dividend of $0.68 per share this year. It also provided the following data excerpts from this year's financial statements Ending Balance Beginning Balance Cash 5.43,000 $ 38,000 Accounts receivable $ 30,000 $ 60,000 Inventory $ 66,400 $ 30,000 Current assets $ 180,400 $ 175,000 Total assets $ 663,000 5 710.200 Current liabilities $ 75,000 $69.000 Total liabilities $ 178,000 $ 160,200 Common stock, 51 par value $ 146,000 $ 146,000 Total stockholders' equity 5.485.000 $ 550,000 Total liabilities and stockholders equity 5663,000 5 710.200 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year 5 930,000 $539,400 $ 390,000 $ 240,625 $ 12,500 $ 159,683 Foundational 14-11 (Algo) 11. What is the company's operating cycle? (Use 365 days in a year, Round your intermediate and final answer to 2 decimal places.) Operating cycle days Required information The Foundational 15 (Algo) (L014-2, LO14-3, LO14-4, LO14-5, LO14-6] The following information applies to the questions displayed below) Markus Company's common stock sold for $425 per share at the end of this year. The company paid a common stock dividend of $0.68 per share this year. It also provided the following data excerpts from this year's financial statements Ending Balance Beginning Balance Cash $ 43,000 $ 33,000 Accounts receivable $ 30,000 Inventory $ 66,400 $ 30,000 Current assets $189.400 $ 178.000 Total assets 5 663,000 $710.200 Current liabilities $175.000 5.69,000 Total liabilities $ 178,000 $ 160,200 Common stock, 51 par value $ 146,000 $ 146.000 Total stockholders' equity $ 485,000 $ 550,000 Total liabilities and stockholders' equity $ 663,000 5 710,200 Sales (a11 on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 930,000 5 539,400 $ 390,600 $ 240,625 $ 12,500 $ 159,688 Foundational 14-12 (Algo) 12. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover Required information The Foundational 15 (Algo) (L014-2, 1014-3, LO14-4, LO14-5, LO14-6] [The following information applies to the questions displayed below) Markus Company's common stock sold for $4.25 per share at the end of this year. The company paid a common sto dividend of $068 per share this year. It also provided the following data excerpts from this year's financial statemen Ending Balance Beginning Balance Cash 5.43,000 5 38.000 Accounts receivable $ 80,000 $ 60,000 Inventory $ 66,400 $ 60,000 Current assets $ 189,400 $ 178,000 Total assets 5 563,000 $710.200 Current liabilities $ 75,000 $69.000 Total liabilities $ 178,000 $ 160,200 Common stock, 51 par value $ 146,000 $ 146,000 Total stockholders' equity $ 485,000 $ 550,000 Total liabilities and stockholders' equity $ 663,000 $710.200 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $930,000 $ 539,400 $ 390,600 $ 240,625 $ 12,500 $ 159,688 Foundational 14-13 (Algo) 13. What is the times interest earned ratio? (Round your answer to 2 decimal place.) Times interest eamed ratio