Question
Markus Company's common stock sold for $2.75 per share at the end of this year. The company paid preferred stock dividends totaling $4,400 and a
Markus Company's common stock sold for $2.75 per share at the end of this year. The company paid preferred stock dividends totaling $4,400 and 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 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 Preferred stock $ 40,000 $ 40,000 Common stock, $1 par value $ 80,000 $ 80,000 Total stockholders' equity $ 320,000 $ 340,000 Total liabilities and stockholder's 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 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?
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