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Markus Companys common stock sold for $5.50 per share at the end of this year. The company paid a common stock dividend of $0.77 per

Markus Companys common stock sold for $5.50 per share at the end of this year. The company paid a common stock dividend of $0.77 per share this year. It also provided the following data excerpts from this years financial statements:

Ending Balance

Beginning Balance

Cash

$

54,500

$

47,200

Accounts receivable

$

100,000

$

71,200

Inventory

$

79,000

$

100,000

Current assets

$

233,500

$

218,400

Total assets

$

857,000

$

938,800

Current liabilities

$

91,500

$

100,500

Total liabilities

$

232,000

$

208,800

Common stock, $1 par value

$

171,000

$

171,000

Total stockholders equity

$

625,000

$

730,000

Total liabilities and stockholders equity

$

857,000

$

938,800

This Year

Sales (all on account)

$

1,195,000

Cost of goods sold

$

693,100

Gross margin

$

501,900

Net operating income

$

338,250

Interest expense

$

16,500

Net income

$

225,225

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%)

5. What is the return on equity? (Round your answer to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%.)

6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)

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.)

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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