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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 considered 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 considered 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.)
Markus Company's common stock sold for $3.75 per share at the end of this year. The company paid a common stock dividend of $0.60 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity $ 41,000 $ 36,200 $ 74,000 $ 58,700 $ 64,900 $ 74,000 $ 179,900 $ 168,900 590,000 $624,000 $ 70,500 $ 63,000 $160,000 $144,000 $ 139,000 $ 139,000 430,000 $ 480,000 Total liabilities and stockholders' equity $ 590,000 $ 624,000 This Year Sales (all on account) 865,000 $ 501,700 363,300 Net operating income $206,250 $ 11,000 $ 136,675 Cost of goods sold Gross margin Interest expense Net income
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