Required Information The Foundational 15 [LO15-2, LO15-3, LO15-4, LO15-5, LO15-6] The following information applies to the questions displayed below.] Markus Company's common stock sold for $6.50 per share at the end of this year. The company pald a common stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance 57.500 108,000 $ 83,500 $ 249,000 $ 975,000 $1,086,000 $ 97,500 $240,000 185,000 735,000 870,000 $ Cash 50,000 75,000 108,000 233,000 Accounts recelvable Inventory Current assets Total assets Current llabilities Total liabilitles Common stock, $1 par value Total stockholders' equlty Total liabilitles and stockholders 109,500 216.000 S 185,000 975,000 $1,086,000 equity This Year Sales (all on account) Cost of goods sold Gross margin Net operating Income Interest expense $1,275,000 739,500 535,500 419,250 S 19,500 $ 279,825 Net Income Foundational 15-5 5. What Is the return on equity? (Round your answer to the nearest whole percentage place. l., O.1234 should be considered as 12%.) Return on equity % Required InformatioH The Foundational 15 [LO15-2, L015-3, LO15-4, L015-5, LO15-6] The following information applies to the questions displayed below.] Markus Company's common stock sold for $6.50 per share at the end of this year. The company pald a common stock dividend of $0.91 per share this year. It also provided the following data excerpts from this year's financlal statements: Ending Balance Beginning Balance $ 57,500 $ 108,000 $ Cash 50,000 75,000 108,000 $ 233.000 975,000 $1,086,000 109,500 216.000 $ 185.000 735,000 870,000 Accounts recelvable Inventory Current assets 83,500 $ 249,000 Total assets $ 97.5 $ 240.000 $ 185,000 Curre llabilities Total liabilitles Common stock, $1 par value Total stockholders' equity Total liabilitles and stockholders equity $975,000 $1,086,000 This Year Sales (all on account) Cost of goods sold Gross margin $1,275,000 739,500 535,500 $ 419,250 Net operating income Interest expense Net Income S 19,500 279,825 Foundational 15-7 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