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 Beginning Balance Balance $ 45,500 $ 39,200 $ 82,000 $ 61,200 $ 67,600 $ 82,000 $ 195, 100 $ 182,400 $ 648,000 $ 689, 200 $ 72,500 $ 73,500 $ 188,000 $ 169,200 $ 145,000 $ 145,000 $ 460,000 $ 520,000 $ 648,000 $ 689,200 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 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 12. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover 13. What is the times interest earned ratio? (Round your answer to 2 decimal place.) Times interest earned ratio 14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) Debt-to-equity ratio