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PART 1: What is the return on total assets (assuming a 30% tax rate)? (Round your percentage answer to 1 decimal place (i.e., 0.1234 should

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PART 1: What is the return on total assets (assuming a 30% tax rate)? (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).

I have tried 26.1% and 24.9%. They are both wrong. Please so work.

PART 2: What is the return on equity? (Round your answer to the nearest whole percentage place)

PART 3: What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.)

Required information [The following information applies to the questions displayed below.] 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: Beginning Balance 49,000 $ 44,200 $ 92,000 $ 68,700 $76,300 $ 92,000 $ 217,300 $ 204,900 $ 801,000 $ 875,400 $ 85,500 $ 90,000 $206,000 $ 185,400 $165,000 $165,000 $ 595,000 $ 690,000 Total liabilities and stockholders' equity $ 801,000 $ 875,400 Ending Balance Cash Accounts receivable Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity This Year Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income $1,095,000 $ 635,100 459,900 $ 313,875 $ 15,500 $ 208,862

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