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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

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 $5.50 per share at the end of this year. The company paid a common stock dividend of $0.77 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Balance $ 54,500 $ 100,000 $ 79,000 Beginning Balance $ 47,200 $ 71,200 $ 100,000 es 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 $ 1,195,000 $ 693,100 $ 501,900 $ 338,250 $ 16,500 $ 225,225 Foundational 14-11 (Algo) $ 233,500 $ 218,400 $ 857,000 $ 91,500 $ 938,800 $ 100,500 $ 232,000 $ 208,800 $ 171,000 $ 171,000 $ 625,000 $ 730,000 $ 857,000 $ 938,800 This Year 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 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier

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