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5. What is the return on equity? (Round your answer to the nearest whole percentage place (i.e., 0.1234 should be entered as 12).) 6. What
5. What is the return on equity? (Round your answer to the nearest whole percentage place (i.e., 0.1234 should be entered as 12).)
6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)
7. What is the amount of working capital and the current ratio at the end of this year? (Round "Current ratio" to 2 decimal places.)
8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.)
Required information The Foundational 15 [LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies to the questions displayed belowj Markus Company's common stock sold for $1.75 per share at the end of this year. The company paid a common stock dividend of $0.42 per share this year. It also provided the following data excerpts from this year's financial statements EndingBeginning Balance $ 27,000 $ 43,800 $48,000 $ 41,300 $ 45,100 $ 48,000 $ 120,100 $ 133,100 $312,000 $ 263,800 $49,500 $ 34,500 $ 82,000 $ 73,800 $105,000 $ 105,000 230,000 $ 190,000 Total liabilities and stockholders' equity $ 312,000 $ 263,800 Balance Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity This Year Sales (all on account) 580,000 $ 336,400 $243,600 Net operating income $ 49,500 $ 3,000 $ 32,550 Cost of goods sold Gross margin Interest expense Net incomeStep by Step Solution
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