Required information (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: 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 Ending Balance $ 45,500 $ 82,000 $ 67,600 $ 195, 100 648,000 72,500 188,000 $ 145,000 $ 460,000 Beginning Balance $ 39,200 $ 61,200 $ 82,000 $ 182,400 $ 689,200 $ 73,500 $ 169,200 $ 145,000 $ 520,000 $ 689,200 $ 648,000 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 900,000 $ 522,000 $ 378,000 $ 228,000 $ 12,000 $ 151,200 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 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 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