Required information The Foundational 15 [L014-2, L014-3, L014-4, L014-5, L014-6) [The following information applies to the questions displayed below) Markus Company's common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash $ 35,000 $ 30,000 Accounts receivable $ 60,000 $ 50,000 Inventory $ 55,000 $ 60,000 Current assets $ 150,000 $140,000 Total assets $ 450,000 $ 460,000 Current liabilities $ 60,000 $ 40,000 Total liabilities $ 130,000 $ 120,000 Common stock. $1 par value $ 120,000 $ 120,000 Total stockholders' equity $ 320,000 $340,000 Total liabilities and stockholders' equity $ 450,000 $ 460,000 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $ 700,000 $ 400,000 $ 300,000 $ 140,000 $ 8,000 $ 92,400 Foundational 14-1 Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earings per share Foundational 14-2 2. What is the price earnings ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Prico-arnings ratio Foundational 14-3 3. What is the dividend payout ratio and the dividend yield ratio? (Do not round intermediate calculations. Round your answer to the nearest whole percentage place (i.e., 0.1234 should be entered as 12).) Dividend payout ratio Dividendyold ratio % % Foundational 14-4 4. What is the return on total assets (assuming a 30% tax rate)? (Round your percentage answer to 1 decimal place (.e., 0.1234 should be entered as 12.3).) Return on total assols % Foundational 14.5 5. What is the return on equity? (Round your answer to the nearest whole percentage place (.e., 0.1234 should be entered as 12).) Return on equity Foundational 14-7 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 14.9 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 Foundational 14-10 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 11. What is the company's operating cycle? (Round your intermediate and final answer to 2 decimal places.) Operating cyclo days
