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IThe following information applies to the questions displayed below.] Markus Company's common stock sold for $5.75 per share at the end of this year. The
IThe following information applies to the questions displayed below.] Markus Company's common stock sold for $5.75 per share at the end of this year. The company pald a common stock dividend of $0.69 per share this year. It also provided the following data excerpts from this years financial statements: Cash Accounts recelvable Inventory Current assets Total assets Current labilities Total liabilities Common stock. $1 par value Total stockholders' equity Total liablities and stockholders equity Ending Beginning Balance Balance $ 51000 $ 46.000 $ 98,000 $ 70,000 $ 77,800 98,000 $ 226,800 214,000 $ 868,000 $ 956,200 $ 90.000 $ 96.000 $ 218,000 $196.200 S 172.000 172,000 $ 650.000 760.000 $ 868.000 956.200 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net Income This Year $ 1160.000 $ 67280o $ 487.200 $ 352.750 $ 17.000 S 111,800
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