Reference no: EM132515382
Markus Company's common stock sold for $3.75 per share at the end of this year. The company paid a common stock dividend of $0.60 per share this year. It also provided the following data excerpts from this year's financial statements:
Ending Balance Beginning Balance
Cash $41,000 $36,200
Accounts receivable $74,000 $58,700
Inventory $64,900 $74,000
Current assets $179,900 $168,900
Total assets $590,000 $624,000
Current liabilities $70,500 $63,000
Total liabilities $160,000 $144,000
Common stock, $1 par value $139,000 $139,000
Total stockholders' equity $430,000 $480,000
Total liabilities and stockholders' equity $590,000 $624,000
This Year Sales (all on account) $865,000
Cost of goods sold $501,700
Gross margin $363,300
Net operating income $206,250
Interest expense $11,000
Net income $118,150
Question 1: What is the earnings per share? (Round your answer to 2 decimal places.)
Question 2: What is the price-earnings ratio? (Round intermediate and final calculations to two decimal places.)
Question 3: What is the dividend payout ratio and the dividend yield ratio? (Round your intermediate and final answers to two decimal places (i.e., 0.1234 should be entered as 12%)
Question 4: What is the return on total assets (assuming a 30% tax rate)? (Round percentage answer to 1 decimal place. i.e., 0.123 should be considered as 12.3%)
Question 5: What is the return on equity? (Round your answer to the nearest whole percentage place. i.e., 0.1234 should be considered as 12%)
Question 6: What is the book value per share at the end of this year? (Round your answer to 2 decimal places.)
Question 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.)
Question 8: What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.)
Question 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.)
Question 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.)
Question 11: What is the company's operating cycle? (Round your intermediate and final answers to 2 decimal places.)
Question 12: What is the total asset turnover? (Round your answer to 2 decimal places.)
Question 13: What is the times interest earned ratio? (Round your answer to 1 decimal place.)
Question 14: What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.)
Question 15: What is the equity multiplier? (Round your answer to 2 decimal places.)