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please help due tonight Required Information The Foundational 15 [L014-2, LO14-3, LO14-4, LO14-5, LO14-6] The following information applies to the questions displayed below) Markus Company's

please help due tonight
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Required Information The Foundational 15 [L014-2, LO14-3, LO14-4, LO14-5, LO14-6] The following information applies to the questions displayed below) Markus Company's common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this year's financial statements Ending Beginning Balance Balance Cash $ 35,000 $ 30,000 Accounts receivable $ 60,000 $ 50,000 Inventory $ 55,000 $ 60,000 Current assets $ 150,000 $ 140,000 Total assets $ 450,000 $ 460,000 Current liabilities $ 60.000 $ 40.000 Total liabilities $ 130,000 $ 120,000 Common stock, S1 par value $ 120,000 $ 120,000 Total stockholders' equity $ 320,000 $340,000 Total liabilities and stockholders' equity $ 450,000 $ 460,000 Sales (all on account) Cost of goods sold Gross margin Net operating Income Interest expense Net Income This Year $ 700.000 $ 400,000 $ 300,000 $ 140,000 $ 8.000 $ 92.400 Foundational 14.4 4. What is the return on total assets (assuming a 30% tax rate)? (Round your percentage answer to 1 decimal place (l.e., 0.1234 should be entered as 12.3).) Answer is complete but not entirely correct. Return on total assets 20.3 Required Information The Foundational 15 [LO14-2, L014-3, L014-4, LO14-5, L014-6) The following information apples to the questions displayed below) Markus Company's common stock sold for $275 per share at the end of this year. The company paid a common stock dividend of 50.55 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash $ 35,000 $ 30.000 Accounts receivable $ 60,000 $ 50.000 Inventory $ 55,000 $ 60,000 Current assets $ 150,000 $ 140,000 Total assets $ 450,000 $ 460,000 Current liabilities $ 60,000 $40,000 Total liabilities $ 130,000 $120,000 Common stock, 51 par value $ 120,000 $ 120,000 Total stockholders' equity $ 320,000 $340,000 Total liabilies and stockholders' equity $ 450,000 $ 460,000 This Year Sales (all on account) $ 700,000 Cost of goods sold $ 400,000 Gross margin $ 300,000 Net operating income $ 140,000 Interest expense $ 8,000 Net Income $ 92.400 Foundational 14-5 5. What is the return on equity? (Round your answer to the nearest whole percentage place (1.e., 0.1234 should be entered as 12).) Answer is complete but not entirely correct. Return on equity 29 * Required Information The Foundational 15 [LO14-2, L014-3, LO14-4, LO14-5, LO14-6] {The following information applies to the questions displayed below) Markus Company's common stock sold for $275 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year It also provided the following data excerpts from this year's financial statements Ending Beginning Balance Balance Cash $ 35,000 $ 30,000 Accounts receivable $ 60,000 $ 50,000 Inventory $ 55,000 $ 60,000 Current assets $ 150,000 $ 140,000 Total assets $ 450,000 $460,000 Current liabilities $ 60,000 $40,000 Total liabilities $ 130,000 $ 120,000 Common stock. Si par value $ 120,000 $ 120,000 Total stockholders' equity $ 320,000 $340,000 Total liabilities and stockholders' equity $ 450,000 $ 460,000 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense This Year $ 700.000 $ 400,000 $ 300,000 $ 140,000 $ 8,000 $ 92.400 Net Income Foundational 14.7 7. What is the amount of working capital and the current ratio at the end of this year? (Round "Current retlo" to 2 decimal places.) Working capital Current ratio Required Information The Foundational 15 [LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies to the questions displayed below] Markus Company's common stock sold for $275 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash $ 35,000 $ 30,000 Accounts receivable $ 60,000 $ 50,000 Inventory $ 55,000 $ 60,000 Current assets $ 150,000 $ 140,000 Total assets $ 450,000 $ 460,000 Current liabilities $ 60,000 $ 40,000 Total liabilities $ 130,000 $ 120,000 Common stock, S1 par value $ 120,000 $ 120,000 Total stockholders' equity $ 320,000 $340,000 Total liabilities and stockholders' equity $ 450,000 $ 460,000 Sales (all on account) Cost of goods sold Gross margin Net operating Income Interest expense Net Income This Year $ 700,000 $ 400,000 $ 300,000 $ 140,000 $ 8.000 $ 92.400 Foundational 14-8 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places. Acid-test rabo

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