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Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 per
Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 per share this year. It also provided the following data excerpts from this year's financial statements: Beginning Balance Cash Accounts receivable Inventory Current assets Total assets Ending Balance $ 39,000 $ 35,200 $ 72,000 $ 56,200 $ 61,900 $ 72,000 $ 163,400 $ 172,900 $ 531,000 $ 69,000 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Current liabilities Total liabilition Common stock, $1 par value Total stockholders' equity $ 156,000 $ 132,000 $375,000 $ 531,000 This Year Total liabilities and stockholders' equity Sales (all on account) Cont of goods sold Gross margin Net operating income Interest expense Net income $850,000. $ 493,000 $357,000 $ 173,375 $ 9,500 $114,712 Foundational 14-2 (Algo) 2. What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price-earnings ratio Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 liabilition Total liabilities Common stock, $1 par value, Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Not income This Year $850,000 $ 493,000 $357,000 $173,375 $ 9,500 $ 114,712 Ending Balance $ 39,000 Beginning Balance $ 35,200 $ 56,200 $ 72,000 $ 72,000 $ 61,900 $172,900 $ 531,000 $ 69,000 $ 156,000. $ 132,000 $375,000 $ 531,000 $ 163,400 $ 550,400 $ 60,000 $ 140,400 $132,000 $410,000 $ 550,400 Foundational 14-4 (Algo) 4. What is the return on total assets (assuming a 30% tax rate)? (Round percentage answer to 1 decimal place. l.e., 0.123 should be considered as 12.3%) Return on total assets Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 This Year Sales (all on account) $ 850,000 Cost of goods sold $ 493,000 Gross margin $ 357,000 Net operating income $ 173,375 Interest expense Net income $ 9,500 $ 114,712 Ending Balance $ 39,000 Beginning Balance $ 35,200 $ 56,200 $ 72,000 $ 61,900 $ 172,900) $ 531,000 $ 69,000 $ 156,000 $ 72,000 $ 163,400 $ 550,400 $ 132,000 $ 375,000 $ 531,000 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Foundational 14-6 (Algo) 6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.) Book value per share Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 Sales (all on account) Cost of goods sold. Gross margin Net operating income Interest expense. Net income This Year $ 850,000 $ 493,000 $357,000 $173,375 $ 9,500 $ 114,712 Ending Balance $ 39,000 Beginning Balance $ 35,200 $ 72,000 $ 61,900 $ 172,900 $ 531,000 $ 69,000 $156,000 $ 132,000 $375,000 $ 531,000 $ 56,200 $72,000 $ 163,400 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Foundational 14-8 (Algo) 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Acid-test ratio Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 Ending Balance $ 39,000 $ 72,000 $ 61,900 Beginning Balance $ 35,200 $ 56,200 $ 72,000 $ 172,900 $ 531,000 $ 69,000 $ 156,000 $ 132,000 $ 375,000 $ 531,000 This Year $ 163,400 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Coat of goods sold Gross margin Net operating income Interest expense Net income $ 850,000 $ 493,000 $357,000 $173,375 $ 9,500 $ 114,712 Foundational 14-9 (Algo) 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.) Accounts receivable turnover Average collection period days Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 per share this year. It also provided the following data excerpts from this year's financial statements: Canh Accounts receivable. Inventory Current assets Total assets Current liabilition Total liabilities Ending Balance $ 39,000 Beginning Balance $ 35,200 $ 72,000 $ 56,200 $ 72,000 Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Not operating income Interest expense Net income This Year $850,000 $ 493,000 $ 357,000 $ 173,375 $ 9,500 $ 114,712 $ 61,900 $172,900 $ 531,000 $ 69,000 $ 156,000 $ 132,000 $ 375,000 $ 531,000 $ 163,400 $ 550,400 $ 60,000 $ 140,400 $132,000 $410,000 $ 550,400 Foundational 14-10 (Algo) 10. What is the inventory turnover and the average sale period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.) Inventory turnover Average sale period days G Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 Ending Balance Beginning Balance $ 39,000 $ 35,200 $ 72,000 $ 56,200 $ 61,900 $ 72,000 $ 163,400 $ 156,000 $ 132,000 $ 375,000 $ 172,900 $ 531,000 $ 69,000 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 531,000 $ 550,400 This Year Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income $ 850,000 $ 493,000 $357,000 $ 173,375 $ 9,500 $ 114,712 Foundational 14-11 (Algo) 11. What is the company's operating cycle? (Use 365 days in a year. Round your intermediate and final answer to 2 decimal places.) Operating cycle days Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 Sales (all on account) Cost of goods sold Gross margin Net operating income: Interest expense Net income: This Year $ 850,000 $ 493,000 $357,000 $ 173,375 $ 9,500 $ 114,712 Ending Balance $ 39,000 Beginning Balance $ 35,200 $ 56,200 $ 72,000 $ 61,900 $172,900 $ 531,000 $ 69,000 $ 156,000 $ 132,000 $375,000 $ 531,000 $ 72,000 $163,400 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Foundational 14-12 (Algo) 12. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 Sales (all on account) Cost of goods sold Gross margin Net operating income. Interest expense Net income This Year $850,000 $ 493,000 $357,000 $ 173,375 $ 9,500 $114,712 Ending Balance $ 39,000 Beginning Balance $ 35,200 $ 56,200 $ 72,000 $ 61,900 $ 172,900 $ 531,000 $ 69,000 $ 156,000 $ 132,000 $375,000 $ 531,000 $ 72,000 $ 163,400 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Foundational 14-13 (Algo) 13. What is the times interest earned ratio? (Round your answer to 2 decimal place.) Times interest eamed ratio Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 850,000 $ 493,000 $357,000 $ 173,3751 $ 9,500 $ 114,712 Ending Balance $ 39,000 $ 72,000 $ 61,900 $ 172,900 $ 531,000 $ 69,000 $ 156,000 $ 132,000 $375,000 $ 531,000 Beginning Balance $ 35,200 $ 56,200 $ 72,000 $ 163,400 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Foundational 14-14 (Algo) 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 Markus Company's common stock sold for $3.25 per share at the end of this year. The company paid a common stock dividend of $0.65 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 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 850,000. $ 493,000 $ 357,000 $ 173,375 $ 9,500 $114,712 Ending Balance Beginning Balance. $ 39,000 $ 35,200 $ 72,000 $ 56,200 $ 61,900 $ 72,000 $ 172,900 $ 163,400 $ 531,000 $ 69,000 $ 156,000 $ 132,000 $375,000 $ 531,000 $ 550,400 $ 60,000 $ 140,400 $ 132,000 $410,000 $ 550,400 Foundational 14-15 (Algo) 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier
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