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Markus Company's common stock sotd for $200 per share attire end of this year. The average number of common shares outstanding during the year is
Markus Company's common stock sotd for $200 per share attire end of this year. The average number of common shares outstanding during the year is 111,000. The company also paid a common stock dividend of $0.42 per share this year. It also provided the following data excerpts from this year's nancial statements: Cash Accounts receivable Inventory Total current assets Current liabilities Total liabilities Corrrrrron shareholders' equity \"total shareholders' equity Total liabilities and cornion shareholders' equity Ending Beginning Balance Balance 5 30,580 3 46,960 5 52,999 3 45,999 3 49,308 $ 52,900 5 131,909 s 143.9% 5 52,500 S 37,500 5 98,999 3 58,299 1 111,999 3 111,999 5 255,098 5 230,969 5 S 353, 999 315, 299 This Year Sales (all on account) 5 585,680 Cost of goods sold 3 339,368 Gross rlargin S 245,789 Operating income 3 75,580 Interest expense 3 4,580 Net income 3 49,709 Required: 1. What Is the earnings pershare? (Round your answer to 2 decimal places.) _:| 2. What is the prlceeamings ratio? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) _: 3. What IS the leIdend payout ratio and the leIdel'ld yield ratio? (DO not round Intermediate calculations. Round your answer to the nearest whole percentage place. I.e., 0.1234 should be considered as 1296) Dividend payout ratio Dividend yield ratio 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.) Accounts receivable turnover Average collection DEE-Dd 10. What is the Inventory turnover? (Use 365 days In a year. Round your intermediate and final answers to 2 decimal places.)
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