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The Foundational 15 (Algo) (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 $5.00

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The Foundational 15 (Algo) (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 $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 asets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders equity Ending Balance $ 45,000 $ 90,000 $ 72,100 $ 207,100 $ 766,000 $ 88,000 $ 196,000 $ 159,000 $570,000 $ 766,000 Beginning Balance $ 42,000 $ 65,000 $ 90,000 $ 197,000 $ 836,400 $ 82,500 $ 176,400 $ 159,000 5 660.000 $836,400 Sales (nil on account) Cost of goods sold Gros margin Het operating income Interest expense Not Income This Year $ 1.045.000 $ 606,100 $ 438,900 $ 300,000 $ 15,000 $ 199,500 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 Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings per share

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