Required information The Foundational 15 [LO14-2, LO14-3, LO14-4, LO14-5, 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 14-12 12. What is the total asset turnover? (Round your answer to 2 decimal places.) Total asset turnover Foundational 14-13 13. What is the times interest earned ratio? (Round your answer to 1 decimal place.) Times interest earned ratio Foundational 14-15 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier