Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings...
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Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share Required information The Foundational 15 (Algo) [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 $5.00 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: Cash Accounts receivable. Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 1,045,000 $ 606,100 $ 438,900 $ 300,000 $ 15,000 $ 199,500 Ending Balance $ 45,000 Beginning Balance $ 42,000 $ 65,000 $ 90,000 $ 72,100 $ 207,100 $ 766,000 $ 88,000 $196,000 $ 159,000 $570,000 $ 766,000 $ 90,000 $ 197,000 $ 836,400 $ 82,500 $ 176,400 $ 159,000 $ 660,000 $ 836,400 Prev 1 2 6 3 15 of 15 Next > Foundational 14-2 (Algo) 2. What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price earnings ratio Foundational 14-3 (Algo) 3. What is the dividend payout ratio and the dividend yield ratio? (Do not round intermediate calculations. Round your answers to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%) Dividend payout ratio Dividend yield ratio % % 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 % Foundational 14-5 (Algo) 4 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%.) Return on equity % Foundational 14-6 (Algo) 6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.) Book value per share Foundational 14-7 (Algo) 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 Foundational 14-8 (Algo) 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Acid-test ratio. Foundational 14-9 (Algo) 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 period days 4 Foundational 14-10 (Algo) 10. What is the inventory turnover and the average sale period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.) Inventory turnover Average sale period days Foundational 14-11 (Algo) 4 11. What is the company's operating cycle? (Use 365 days in a year. Round your intermediate and final answer to 2 decimal places.) Operating cycle days Foundational 14-12 (Algo) 12. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover Foundational 14-13 (Algo) 13. What is the times interest earned ratio? (Round your answer to 2 decimal place.) Times interest earned ratio 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.) Debl-to-equity ratio Foundational 14-15 (Algo) 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share Required information The Foundational 15 (Algo) [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 $5.00 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: Cash Accounts receivable. Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 1,045,000 $ 606,100 $ 438,900 $ 300,000 $ 15,000 $ 199,500 Ending Balance $ 45,000 Beginning Balance $ 42,000 $ 65,000 $ 90,000 $ 72,100 $ 207,100 $ 766,000 $ 88,000 $196,000 $ 159,000 $570,000 $ 766,000 $ 90,000 $ 197,000 $ 836,400 $ 82,500 $ 176,400 $ 159,000 $ 660,000 $ 836,400 Prev 1 2 6 3 15 of 15 Next > Foundational 14-2 (Algo) 2. What is the price-earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price earnings ratio Foundational 14-3 (Algo) 3. What is the dividend payout ratio and the dividend yield ratio? (Do not round intermediate calculations. Round your answers to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%) Dividend payout ratio Dividend yield ratio % % 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 % Foundational 14-5 (Algo) 4 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%.) Return on equity % Foundational 14-6 (Algo) 6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.) Book value per share Foundational 14-7 (Algo) 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 Foundational 14-8 (Algo) 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Acid-test ratio. Foundational 14-9 (Algo) 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 period days 4 Foundational 14-10 (Algo) 10. What is the inventory turnover and the average sale period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.) Inventory turnover Average sale period days Foundational 14-11 (Algo) 4 11. What is the company's operating cycle? (Use 365 days in a year. Round your intermediate and final answer to 2 decimal places.) Operating cycle days Foundational 14-12 (Algo) 12. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover Foundational 14-13 (Algo) 13. What is the times interest earned ratio? (Round your answer to 2 decimal place.) Times interest earned ratio 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.) Debl-to-equity ratio Foundational 14-15 (Algo) 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier
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Related Book For
Foundations of Financial Management
ISBN: 978-1259194078
15th edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Posted Date:
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