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Required information [The following information applies to the questions displayed below.) Markus Company's common stock sold for $4.50 per share at the end of this
Required information [The following information applies to the questions displayed below.) Markus Company's common stock sold for $4.50 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: Ending Beginning Balance Balance Cash $ 40,000 $ 40,200 Accounts receivable $ 84,000 $ 63,700 Inventory $ 70,600 $ 84,000 Current assets $ 194,600 $ 187,900 Total assets $ 699,000 $ 755,600 Current liabilities $ 78,000 $ 76,500 Total liabilities $ 184,000 $ 165,600 Common stock, $1 par value $ 152,000 $ 000 Total stockholders' equity $ 515,000 $590,000 Total liabilities and stockholders' equity $ 699,000 $ 755,600 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 980,000 $ 568,400 $ 411,600 $ 263,250 $ 13,500 $ 174,825 4. 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).) Return on total assets % 5. What is the return on equity? (Round your answer to the nearest whole percentage place (i.e., 0.1234 should be entered as 12).) Return 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 per share 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Acid-test ratio 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 11. What is the company's operating cycle? (Round your intermediate and final answers to 2 decimal places.) Operating cycle days 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier
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