Question: 5. what is the return on equity? 6. what is the book value per share at the end of this year? 7. what is the
Markus Company's common stock sold for $3.50 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 exc Ending Beginning Balance Balance Cash $ 35,000 $ 34,000 Accounts receivable $ 70,000 $ 55,000 Inventory $ 60,700 $ 70,000 Current assets $ 165,700 $ 159,000 Total assets $ 557,000 $586,800 Current liabilities $ 67,500 $ 55,500 Total liabilities $ 152,000 $ 136,800 Common stock, $1 par value $ 133,000 $ 133,000 Total stockholders' equity $ 405,000 $450,000 Total liabilities and stockholders' equity $ 557,000 $586,800 This Year Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income $ 346,500 $ 194,250 $ 10,500 $ 128,625
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