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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

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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 share this year. It also provided the following data excerpts from this year's financial statements. Ending Beginning Balance 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 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 $ 92.400 10. What is the inventory turnover and the average sale period? (Use 365 days in a year. Round you intermediate and final answers to 2 decimal places.) Inventory turnover Average sale period days 11. What is the company's operating cycle? (Round your intermediate and final answer to 2 decimal places.) Operating cycle days 2. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover 13. What is the times interest earned ratio? (Round your answer to 1 decimal place.) Times interest earned ratio 14. What is the debt-to-equity ratio at the end of this yeah Debt-to-equity ratio 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier

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