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Markus Company's 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
Markus Company's 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 year's financial statements:
- What is the earnings per share?
- What is the price-earnings ratio?
- What is the dividend payout ratio and the dividend yield ratio?
- What is the return on total assets (assuming a 30% tax rate)?
- What is the return on equity?
- What is the amount of working capital and the current ratio at the end of this year?
- What is the amount of working capital and the current ratio at the end of this year?
- What is the acid-test ratio at the end of this year?
- What is the accounts receivable turnover and the average collection period?
- What is the inventory turnover and the average sale period?
- What is the companys operating cycle?
- What is the total asset turnover?
- What is the times interest earned ratio?
- What is the debt-to-equity ratio at the end of this year?
- What is the equity multiplier?
Markus Company's 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 year's financial statements Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Ending Beginning Balance Balance $ 35,000 $ 30,000 $ 60,000 S 50,000 $ 55,000 $ 60,000 150,000 S 140,000 $450,000 S 460,000 60,000 $ 40,000 130,000 S 120,000 120,000 S 120,000 $320,000 S 340,000 Total liabilities and stockholders' equity450,000 S 460,000 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $700,000 $400,000 $300,000 $140,000 $8,000 S 92,400
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