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Markus Companys common stock sold for $4.75 per share at the end of this year. The company paid a common stock dividend of $0.57 per

Markus Companys common stock sold for $4.75 per share at the end of this year. The company paid a common stock dividend of $0.57 per share this year. It also provided the following data excerpts from this years financial statements:

Ending Balance Beginning Balance
Cash $ 44,000 $ 43,200
Accounts receivable $ 92,000 $ 66,200
Inventory $ 73,300 $ 92,000
Current assets $ 209,300 $ 201,400
Total assets $ 750,000 $ 809,000
Current liabilities $ 84,000 $ 87,000
Total liabilities $ 210,000 $ 189,000
Common stock, $1 par value $ 158,000 $ 158,000
Total stockholders equity $ 540,000 $ 620,000
Total liabilities and stockholders equity $ 750,000 $ 809,000

This Year
Sales (all on account) $ 1,080,000
Cost of goods sold $ 626,400
Gross margin $ 453,600
Net operating income $ 276,500
Interest expense $ 14,000
Net income $ 183,750

Foundational 14-12 (Algo)

12. What is the total asset turnover?

13. What is the times interest earned ratio?

14. What is the debt-to-equity ratio at the end of this year?

15. What is the equity multiplier?

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