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[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
[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 12.000 130,500 6. What is the book value per share at the end of this year? (Round your answer to 2 decimal places.) Book value per share 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 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Acid-test ratio 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
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