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Kindly solve all the parts. Thank you. Markus Companys common stock sold for $2.50 per share at the end of this year. The average number

Kindly solve all the parts. Thank you.

Markus Companys common stock sold for $2.50 per share at the end of this year. The average number of common shares outstanding during the year is 114,000. The company also paid a common stock dividend of $0.40 per share this year. It also provided the following data excerpts from this years financial statements:

Ending Balance

Beginning Balance

Cash

$

31,500

$

47,800

Accounts receivable

$

56,000

$

46,300

Inventory

$

50,800

$

56,000

Total current assets

$

138,300

$

150,100

Current liabilities

$

57,000

$

39,000

Total liabilities

$

117,000

$

105,300

Common shareholders equity

$

114,000

$

114,000

Total shareholders equity

$

300,000

$

300,000

Total liabilities and common shareholders equity

$

417,000

$

405,300

This Year

Sales (all on account)

$

650,000

Cost of goods sold

$

377,000

Gross margin

$

273,000

Operating income

$

120,750

Interest expense

$

7,000

Net income

$

79,625

Required:

1. What is the earnings per share? (Round your answer to 2 decimal places.)

2. What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

3. What is the dividend payout ratio and the dividend yield ratio? (Do not round intermediate calculations. Round your answer to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%)

4. What is the return on total assets (assuming a 30% tax rate)? (Round percentage answer to 1 decimal place. i.e., 0.123 should be considered as 12.3%)

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.)

9. What is the accounts receivable turnover and the average collection period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.)

10. What is the inventory turnover? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.)

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