Question: a) What is the return on equity? b) What is the return on total assets (assuming a 30% tax rate)? c) What is the book

a) What is the return on equity?
b) What is the return on total assets (assuming a 30% tax rate)?
c) What is the book value per share at the end of this year?
d) What is the amount of working capital and the current ratio at the end of this year?
Markus Company's common stock sold for $2.75 per share at the end of this year. The company pald a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from thls year's financlal statements: Ending Beginning Balance Balance $35,000 $ 30,000 $60,000 $ 50,000 $55,000 $ 60,000 150,000 $ 140,000 450,000 $460,000 $60,000 $ 40,000 $130,000 $120,000 $120,000 $ 120,000 $320,000 $340,000 Total lablities and stockholders' equity $ 450,000 $460,000 Cash Accounts recelvable Inventory Current assets Total assets Current llabilties Total llablitles Common stock, $1 par value Total stockholders' equity This Year Sales (all on account) Cost of goods sold Gross margin Net operating Income 140,000 $700,000 $ 400,000 $300,000 Interest expense $ 8,000 $ 92,400 Net Income
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