45 Markus Company's common stock sold for $5.25 per share at the end of this year. The company paid preferred stock dividends totaling $4,400 and a common stock dividend of $1.24 per share this year. It also provided the following data excerpts from this year's financial statements: 00:30:32 Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Preferred stock Common stock, $1 par value Total stockholders' equity Ending Beginning Balance Balance $ 49,000 $ 44,200 $92.000 $ 68.700 $ 76,300 $92.000 $217.300 $ $801,000 $ 204.900 875,400 $ 85,500 $90,000 $206,000 $185.400 $ 51,000 $ 51000 $ 114,000 $ 114,000 690,000 $595,000 $ Total liabilities and stockholders' equity 875,400 $ 801,000 $ This Year Sales (all on account) 1,095,000 $ Cost of goods sold $635,100 Gross margin 459,900 $ $313,875 Mc Graw Hill 23C FULL Sunny 080 Cost of goods sold is Year Sales (all on account) 1,095,000 $ $635,100 459,900 $ $313,875 $ 15,500 $186,800 Gross margin Net operating income Interest expense Net Income Required: What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Acid-test ratio < Prev 45 68 Score anseer >> acer