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The following Information applies to the questions displayed below.) Markus Company's common stock sold for $5.00 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 $5.00 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 $ 45,000 $ 42,000 $ 90,000 $ 65,000 $ 72,100 $ 90,000 $ 207,100 $ 197,000 $ 766,000 $ 836,400 $ 88,000 $ 82,500 $ 196,000 $ 176,400 $ 159,000 $ 159,000 $ 570,000 $ 660,000 $ 766,000 $ 836,400 Sales (all on account) Cost of goods sold Gross margin Net operating Income Interest expense Net Income This Year $ 1,045,000 $ 606,100 $ 438.900 $ 300,000 15,000 174,900 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 value: 1.00 points 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 value: 1.00 points 8. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.) Acid-test ratio value: 1.00 points 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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