Question
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
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:
Accounts | 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 |
Accounts | 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 earnings per share?
2 what is the price-earnings ratio?
3 what is the dividend payout ratio?
4.what is the dividend yield ratio?
5.what is the return on total assets (assuming a 30% tax rate)?
6.what is the return on common stockholders' equity?
7.what is the book value per share at the end of this year?
8.what is the amount of working capital and the current ratio at the end of this year?
9.what is the acid-test ratio at the end of this year?
10.what is the accounts receivable turnover?
11.what is the average sale period?
12.what is the inventory turnover?
13.what is the average sale period?
14.what is the time interest earned ratio?
15.what is the debt -to-equity ratio at the end of this year?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started