Question
What is the book value per share at the end of this year? (Round your answer to 2 decimal places.) What is the accounts receivable
What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)
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.)
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.)
What is the total asset turnover? (Round your answer to 2 decimal places.)
What is the times interest earned ratio? (Round your answer to 2 decimal place.)
What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.)
What is the equity multiplier? (Round your answer to 2 decimal places.)
Markus Companys common stock sold for $5.25 per share at the end of this year. The company paid a common stock dividend of $0.63 per share this year. It also provided the following data excerpts from this years financial statements:
Ending Balance | Beginning Balance | |||
Cash | $ | 49,000 | $ | 44,200 |
Accounts receivable | $ | 92,000 | $ | 68,700 |
Inventory | $ | 76,300 | $ | 92,000 |
Current assets | $ | 217,300 | $ | 204,900 |
Total assets | $ | 801,000 | $ | 875,400 |
Current liabilities | $ | 85,500 | $ | 90,000 |
Total liabilities | $ | 206,000 | $ | 185,400 |
Common stock, $1 par value | $ | 165,000 | $ | 165,000 |
Total stockholders equity | $ | 595,000 | $ | 690,000 |
Total liabilities and stockholders equity | $ | 801,000 | $ | 875,400 |
This Year | ||
Sales (all on account) | $ | 1,095,000 |
Cost of goods sold | $ | 635,100 |
Gross margin | $ | 459,900 |
Net operating income | $ | 313,875 |
Interest expense | $ | 15,500 |
Net income | $ | 208,862 |
What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)
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.)
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.)
What is the total asset turnover? (Round your answer to 2 decimal places.)
What is the times interest earned ratio? (Round your answer to 2 decimal place.)
What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.)
What is the equity multiplier? (Round your answer to 2 decimal places.)
Markus Companys common stock sold for $5.25 per share at the end of this year. The company paid a common stock dividend of $0.63 per share this year. It also provided the following data excerpts from this years financial statements:
Ending Balance | Beginning Balance | |||
Cash | $ | 49,000 | $ | 44,200 |
Accounts receivable | $ | 92,000 | $ | 68,700 |
Inventory | $ | 76,300 | $ | 92,000 |
Current assets | $ | 217,300 | $ | 204,900 |
Total assets | $ | 801,000 | $ | 875,400 |
Current liabilities | $ | 85,500 | $ | 90,000 |
Total liabilities | $ | 206,000 | $ | 185,400 |
Common stock, $1 par value | $ | 165,000 | $ | 165,000 |
Total stockholders equity | $ | 595,000 | $ | 690,000 |
Total liabilities and stockholders equity | $ | 801,000 | $ | 875,400 |
This Year | ||
Sales (all on account) | $ | 1,095,000 |
Cost of goods sold | $ | 635,100 |
Gross margin | $ | 459,900 |
Net operating income | $ | 313,875 |
Interest expense | $ | 15,500 |
Net income | $ | 208,862 |
What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)
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.)
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.)
What is the total asset turnover? (Round your answer to 2 decimal places.)
What is the times interest earned ratio? (Round your answer to 2 decimal place.)
What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.)
What is the equity multiplier? (Round your answer to 2 decimal places.)
Markus Company's common stock sold for $5.25 per share at the end of this year. The compar paid a common stock dividend of $0.63 per share this year. It also provided the following data excerpts from this year's financial statements
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