The Foundational 15 (Algo) (L014-2, LO14-3, LO14-4, LO14-5, LO14-6) [The following information applies to the questions displayed below.) Markus Company's common stock sold for $2.00 per share at the end of this year. The company paid a common stock dividend of $0.42 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 abilities Total Itabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $ 30,500 $ 52,000 $ 49,300 $ 131,800 $ 353,000 $ 52,500 $ 98,000 $ 111,000 $ 255,000 $ 353,000 Beginning Balance $ 46,000 $ 45,000 $ 52,000 $ 143,000 $ 318,200 $ 37,500 $ 88,200 $ 111,000 $ 230,000 $ 318,200 Sales (all on account) Coat of goods sold Gross margin Net operating income Interest expense Net income This Year $ 585,000 $ 339,300 $ 245, 700 5.75,500 $ 4.500 $.49,700 Foundational 14-1 (Algo) Required: 1. What is the earnings per share? (Round your answer to 2 decimal places.) Earnings 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 tumover Average collection period days 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 11. What is the company's operating cycle? (Use 365 days in a year. Round your intermediate and final answer to 2 decimal pla Operating cycle days