Markus Companys common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this years financial statements: Ending Balance Beginning Balance Cash $ 35,000 $ 30,000 Accounts receivable $ 60,000 $ 50,000 Inventory $ 55,000 $ 60,000 Current assets $ 150,000 $ 140,000 Total assets $ 450,000 $ 460,000 Current liabilities $ 60,000 $ 40,000 Total liabilities $ 130,000 $ 120,000 Common stock, $1 par value $ 120,000 $ 120,000 Total stockholders equity $ 320,000 $ 340,000 Total liabilities and stockholders equity $ 450,000 $ 460,000 This Year Sales (all on account) $ 700,000 Cost of goods sold $ 400,000 Gross margin $ 300,000 Net operating income $ 140,000 Interest expense $ 8,000 Net income $ 92,400

(1)What is the amount of working capital and the current ratio at the end of this year? (Round "Current ratio" to 2 decimal places.)

Woking capital _____ Current ratio _______

(2)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.)

accounts receivable turnover_____ average collection period______

(3)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

(4) What is the companys operating cycle in days? (Round your intermediate and final answers to 2 decimal places.)

(5)What is the total asset turnover? (Round your answer to 2 decimal places.)