Question
Markus Company's common stock sold for $3.75 per share at the end of this year. The company paid a common stock dividend of $0.60 per
Markus Company's common stock sold for $3.75 per share at the end of this year. The company paid a common stock dividend of $0.60 per share this year. It also provided the following data excerpts from this year's financial statements:
Ending
BalanceBeginning
BalanceCash$41,000$36,200Accounts receivable$74,000$58,700Inventory$64,900$74,000Current assets$179,900$168,900Total assets$590,000$624,000Current liabilities$70,500$63,000Total liabilities$160,000$144,000Common stock, $1 par value$139,000$139,000Total stockholders' equity$430,000$480,000Total liabilities and stockholders' equity$590,000$624,000
This YearSales (all on account)$865,000Cost of goods sold$501,700Gross margin$363,300Net operating income$206,250Interest expense$11,000Net income$118,150
What is the earnings per share?(Round your answer to 2 decimal places.)
What is the price-earnings ratio?(Round intermediate and final calculations to two decimal places.)
What is the dividend payout ratio and the dividend yield ratio?(Round your intermediate and final answers to two decimal places (i.e., 0.1234 should be entered as 12%)
What is the return on total assets (assuming a 30% tax rate)?(Round percentage answer to 1 decimal place. i.e., 0.123 should be considered as 12.3%)
What is the return on equity?(Round your answer to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%)
What is the book value per share at the end of this year?(Round your answer to 2 decimal places.)
What is the amount of working capital and the current ratio at the end of this year?(Round "Current ratio" to 2 decimal places.)
What is the acid-test ratio at the end of this year?(Round your answer to 2 decimal places.)
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.)
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.)
What is the company's operating cycle?(Round your intermediate and final answers to 2 decimal places.)
What is the total asset turnover?(Round your answer to 2 decimal places.)
What is the times interest earned ratio?(Round your answer to 1 decimal place.)
What is the debt-to-equity ratio at the end of this year?(Round your answer to 2 decimal places.)
What is the equity multiplier?(Round your answer to 2 decimal places.)
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