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Markus Company's common stock sold for $3.00 per share at the end of this year. The company paid a common stock dividend of $0.48 per
Markus Company's common stock sold for $3.00 per share at the end of this year. The company paid a common stock dividend of $0.48 per share this year. It also provided the following data excerpts from this year's financial statements: 7. What is the amount of working capital and the current ratio at the end of this year? (Round "Current ratio" to 2 decimal places.) 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) 9. What is the accounts receivable turnover and the average collection period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.)
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