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Markus Companys common stock sold for $5.75 per share at the end of this year. The company paid a common stock dividend of $0.69 per

Markus Companys common stock sold for $5.75 per share at the end of this year. The company paid a common stock dividend of $0.69 per share this year. It also provided the following data excerpts from this years financial statements:

Ending Balance Beginning Balance
Cash $ 51,000 $ 46,000
Accounts receivable $ 98,000 $ 70,000
Inventory $ 77,800 $ 98,000
Current assets $ 226,800 $ 214,000
Total assets $ 868,000 $ 956,200
Current liabilities $ 90,000 $ 96,000
Total liabilities $ 218,000 $ 196,200
Common stock, $1 par value $ 172,000 $ 172,000
Total stockholders equity $ 650,000 $ 760,000
Total liabilities and stockholders equity $ 868,000 $ 956,200

This Year
Sales (all on account) $ 1,160,000
Cost of goods sold $ 672,800
Gross margin $ 487,200
Net operating income $ 352,750
Interest expense $ 17,000
Net income $ 235,025

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%)

8. What is the acid-test ratio at the end of this year?

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? (Use 365 days in a year. Round your intermediate and final answer 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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