What is the amount of working capital and the current ratio

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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.)

Reference no: EM132515382

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