The Foundational 15 [LO14-2, LO14-3, LO14-4, L014-5, LO14-6) (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 This Year Sales (all on account) $ 700,000 Cost of goods sold $ 400,000 Gross margin $ 300,000 Net operating income $ 140,000 Interest expense $ 8.000 Net income $ 92,400 13. What is the times interest earned ratio? (Round your answer to 1 decimal place.) Times interest eamed ratio 14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) Debt-to-equity ratio 15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier