Markus Company's 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 year's 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 $ 350,000 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 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 550,000 $ 319,000 $ 231,000 $ 93,500 $ 5,500 $ 61,600 Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share 2. What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price-earnings ratio 3. What is the dividend payout ratio and the dividend yield ratlo? (Do not round intermediate calculations. Round your answers to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%.) Dividend payout ratio Dividend yield ratio 94 Markus Company's 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 year's 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 $ 350,000 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 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 550,000 $ 319,000 $ 231,000 $ 93,500 $ 5,500 $ 61,600 Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share 2. What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price-earnings ratio 3. What is the dividend payout ratio and the dividend yield ratlo? (Do not round intermediate calculations. Round your answers to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%.) Dividend payout ratio Dividend yield ratio 94
