Chapter 14 Foundational 15 Seved 5 Part 5 of 6 [The following information applies to the questions displayed below) Markus Company's common stock sold for $4.00 per share at the end of this year. The company paid a common stock dividend of $0.80 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total assets Current liabilities 2.081 points 042937 Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $45,500 $82,000 $ 67,600 $ 195,100) $648,000 $ 72,500 $188,000 $145,000 $460,000 $640,000 This Year $900,000 $522,000 Beginning Balance $39,200 $ 61,200 82,000 $182,400 $689,200 $ 73,500 $ 169,200 $145,000 $520,000 $689,200 eBook Print References Sales (all on account.) Cost of goods sold Gross margin Net operating income Interest expense Net incone $379,000 $228,000 $ 12,000 $151,200 Help Save & Exi Foundational 14-10 (Algo) 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 Check