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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: Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Beginning Balance Balance $ 35,000 $ 30,000 $ 60,000 $ 50,000 $ 55,000 $ 60,000 $ 150,000 $ 140,000 $ 450,000 $ 460,000 $ 60,000 $ 40,000 $ 130.000 $ 120,000 $ 120,000 $ 120,000 $ 320,000 $340,000 $ 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 Foundational 14-11 11. What is the company's operating cycle? (Round your intermediate and final answer to 2 decimal places.) Answer is complete but not entirely correct. Operating cyclo 81.16 days Foundational 14-13 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 year? (Round your answer to 2 decimal places.) Debt-to-equity ratio

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