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Markus Companys 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 Companys 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 years financial statements:

Ending Balance Beginning Balance
Cash $ 39,000 $ 35,200
Accounts receivable $ 72,000 $ 56,200
Inventory $ 61,900 $ 72,000
Current assets $ 172,900 $ 163,400
Total assets $ 531,000 $ 550,400
Current liabilities $ 69,000 $ 60,000
Total liabilities $ 156,000 $ 140,400
Common stock, $1 par value $ 132,000 $ 132,000
Total stockholders equity $ 375,000 $ 410,000
Total liabilities and stockholders equity $ 531,000 $ 550,400

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 $ 9,500
Net income $ 114,712

13. What is the times interest earned ratio? (Round your answer to 2 decimal place.)

14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.)

15. What is the equity multiplier? (Round your answer to 2 decimal places.)

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