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Markus Companys common stock sold for $2.25 per share at the end of this year. The company paid a common stock dividend of $0.45 per

Markus Companys common stock sold for $2.25 per share at the end of this year. The company paid a common stock dividend of $0.45 per share this year. It also provided the following data excerpts from this years financial statements:

Ending Balance Beginning Balance
Cash $ 29,000 $ 44,800
Accounts receivable $ 50,000 $ 43,800
Inventory $ 48,100 $ 50,000
Current assets $ 127,100 $ 138,600
Total assets $ 375,000 $ 360,000
Current liabilities $ 51,000 $ 36,000
Total liabilities $ 100,000 $ 90,000
Common stock, $1 par value $ 108,000 $ 108,000
Total stockholders equity $ 275,000 $ 270,000
Total liabilities and stockholders equity $ 375,000 $ 360,000

This Year
Sales (all on account) $ 550,000
Cost of goods sold $ 319,000
Gross margin $ 231,000
Net operating income $ 93,500
Interest expense $ 5,500
Net income $ 97,200
6.

What is the book value per share at the end of this year?

7.

What is the amount of working capital and the current ratio at the end of this year?

8.

What is the acid-test ratio at the end of this year?

9.

What is the accounts receivable turnover and the average collection period?

10.

What is the inventory turnover and the average sale period?

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