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PLEASE FIX ALL 3 !!! ALL 3 FROM THE SAME PROBLEM !!! Markus Company's common stock sold for $5.25 per share at the end of
PLEASE FIX ALL 3 !!! ALL 3 FROM THE SAME PROBLEM !!!
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 Ending Balance $ 49,000 $ 92,000 Accounts receivable Inventory Current assets Total assets Beginning Balance $ 44,200 $ 68,700 $92,000 $ 204,900 $ 875,400 $ 90,000 $ 185,400. $ 76,300 $ 217,300 $801,000 $85,500 $206,000 $ 165,000 Current liabilities Total liabilities. Common stock, $1 par value $ 165,000 Total stockholders' equity $ 595,000 $ 690,000 Total liabilities and stockholders equity $801,000 $ 875,400 This Year Sales (all on account) $ 1,095,000 Cost of goods sold Gross margin $ 635,100 $ 459,900 $ 313,875 Net operating income. Interest expense Net income $ 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%) Return on total assets 37.5% 5 86 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 Beginning Balance $ 44,200 $ 68,700 Accounts receivable Inventory Ending Balance $ 49,000 $ 92,000 $ 76,300 $ 217,300 $ 801,000 $ 85,500 $ 92,000 Current assets $ 204,900 Total assets $ 875,400 Current liabilities $ 90,000 $ 185,400 Total liabilities $ 206,000 Common stock, $1 par value $ 165,000 $ 165,000 Total stockholders' equity $ 595,000 $ 690,000 Total liabilities and stockholders' equity $ 801,000 $ 875,400 This Year Sales (all on account) $1,095,000 Cost of goods sold Gross margin Net operating income Interest expense Net income $ 635,100 $ 459,900 $313,875 $ 15,500 $ 208,862 Foundational 14-14 (Algo) 14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) Debt-to-equity ratio 1.20 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 Ending Balance $ 49,000 $ 92,000 $76,300 Beginning Balance $ 44,200 $ 68,700 Accounts receivable Inventory $ 92,000 Current assets $ 217,300 $ 204,900 Total assets $ 801,000 $ 875,400 Current liabilities. Total liabilities $ 85,500 $ 90,000 $ 206,000 $ 185,400 Common stock, $1 par value $ 165,000 $ 165,000 Total stockholders' equity $ 595,000 $ 690,000 Total liabilities and stockholders' equity $ 801,000 $ 875,400 This Year. $ 1,095,000 Sales (all on account) Cost of goods sold Gross margin $ 635,100 $ 459,900 $ 313,875 Net operating income Interest expense Net income $ 15,500 $ 208,862 Foundational 14-15 (Algo) 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier 1.35 Step by Step Solution
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