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please help with the numbers in the problem The Foundational 15 (Algo) (L014-2, L014-3, L014-4, L014-5, LO14-6) [The following information applies to the questions displayed
please help with the numbers in the problem
The Foundational 15 (Algo) (L014-2, L014-3, L014-4, L014-5, LO14-6) [The following information applies to the questions displayed below.) Markus Company's common stock sold for $4.00 per share at the end of this year. The company paid a common stock dividend of $0.80 per share this year. It also provided the following data excerpts from this year's financial statements. Ending Balance Canh $ 45,500 Accounts receivable $ 82,000 Inventory $ 67,600 Current assets $ 195, 100 Total assets $ 640,000 Current liabilities $ 72,500 Total liabilities $ 188,000 Common stock, $1 par value $ 145,000 Total stockholders' equity $ 460,000 Total liabilities and stockholders' equity $ 648,000 This Year Sales (all on account) $ 900,000 Cost of goods sold $ 522,000 Gross margin 5 378,000 Het operating income $ 228,000 Interest expense 12,000 Net income $ 151,200 Beginning Balance $ 39,200 $ 61,200 $ 82,000 $ 182,400 $ 689,200 $ 73,500 $ 169,200 $ 145,000 $ 520,000 $ 689,200 Foundational 14-5 (Algo) 5. What is the return on equity? (Round your answer to the nearest whole percentage place. Le., 0.1234 should be considered as 12%) Retum on equity 6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.) Book value pet share 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.) Working capital Current ratio 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Step by Step Solution
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