#55 #56 #57 three in one please help

Markus Company's common stock sold for $2.00 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: Ending Beginning Balance Balance Cash $ 30,500 $ 46,000 Accounts receivable $ 52,000 $ 45,000 Inventory $ 49,300 $ 52,000 Current assets $ 131,800 $ 143,000 Total assets $ 353,000 $ 318,200 Current liabilities $ 52,500 $ 37,500 Total liabilities $ 98,000 $ 88,200 Common stock, $1 par value $ 111,000 111,000 Total stockholders' equity $ 255,000 $ 230,000 Total liabilities and stockholders' equity $ 353,000 $ 318,200 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 585,000 $ 339,300 $ 245,700 $ 75,500 $ 4,500 $ 49,700 10. What is the inventory turnover and the average sale period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.) Inventory turnover Average sale period days Markus Company's common stock sold for $2.00 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: Ending Beginning Balance Balance Cash $ 30,500 $ 46,000 Accounts receivable $ 52,000 $ 45,000 Inventory $ 49,300 $ 52,000 Current assets $ 131,800 $ 143,000 Total assets $ 353,000 $ 318,200 Current liabilities $ 52,500 $ 37,500 Total liabilities $ 98,000 $ 88,200 Common stock, $1 par value $ 111,000 $ 111,000 Total stockholders' equity $ 255,000 $ 230,000 Total liabilities and stockholders' equity $ 353,000 $ 318,200 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net Income This Year $585,000 $ 339,300 $ 245,700 $ 75,500 $ 4,500 $ 49,700 11. What is the company's operating cycle? (Round your intermediate and final answers to 2 decimal places.) Operating cycle days Markus Company's common stock sold for $2.00 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: Ending Beginning Balance Balance Cash $ 30,500 $ 46,000 Accounts receivable $ 52,000 $ 45,000 Inventory $ 49,300 $ 52,000 Current assets $ 131,800 $ 143,000 Total assets $ 353,000 $ 318,200 Current liabilities $ 52,500 $ 37,500 Total liabilities $ 98,000 $ 88,200 Common stock, $1 par value $ 111,000 $ 111,000 Total stockholders' equity $ 255,000 $230,000 Total liabilities and stockholders' equity $ 353,000 $ 318,200 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 585,000 $ 339,300 $ 245,700 $ 75,500 $ 4,500 $ 49,700 12. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover