Markus Companys common stock sold for $4.25 per share at the end of this year. The company paid a common stock dividend of $0.68 per share this year. It also provided the following data excerpts from this years financial statements:

	Ending Balance		Beginning Balance
Cash	$	43,000	$	38,000
Accounts receivable	$	80,000	$	60,000
Inventory	$	66,400	$	80,000
Current assets	$	189,400	$	178,000
Total assets	$	663,000	$	710,200
Current liabilities	$	75,000	$	69,000
Total liabilities	$	178,000	$	160,200
Common stock, $1 par value	$	146,000	$	146,000
Total stockholders equity	$	485,000	$	550,000
Total liabilities and stockholders equity	$	663,000	$	710,200

	This Year
Sales (all on account)	$	930,000
Cost of goods sold	$	539,400
Gross margin	$	390,600
Net operating income	$	240,625
Interest expense	$	12,500
Net income	$	159,688

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.)

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.)

11. What is the companys operating cycle? (Round your intermediate and final answers to 2 decimal places.)

12. What is the total asset turnover? (Round your answer to 2 decimal places.)