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Markus Company's common stock sold for $5.25 per share at the end of this year. The company paid a common stock dividend of $0.63 per

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Markus Company's common stock sold for $5.25 per share at the end of this year. The company paid a common stock dividend of $0.63 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 Ending Balance $ 49,000 $ 92,000 $ 76,300 $ 217,300 $ 801,000 $ 85,500 $ 206,000 $ 165,000 $ 595,000 $ 801,000 Beginning Balance $ 44,200 $ 68, 700 $ 92,000 $ 204,900 $ 875,400 $ 90,000 $ 185,400 $ 165,000 $ 690,000 $ 875,400 Sales (all on account) Cost of goods sold Cross margin Net operating income Interest expense Not income This Year $ 1.095,000 $ 635, 100 $ 459,900 $ 313,875 $ 15,500 $ 208,862 Foundational 14-4 (Algo) 4. 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%) Answer is complete but not entirely correct. Return on total assets 26.0

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