Markus Company's common stock sold for $4.75 per share at the end of this year. The...

Transcribed Image Text:

Markus Company's common stock sold for $4.75 per share at the end of this year. The company paid a common stock dividend of $0.57 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable. Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Ending Balance Beginning Balance $ 44,000 $ 43,200 $ 92,000) $ 66,200 $ 73,300. $ 209,300 $ 750,000 $ 84,000 $210,000 $ 92,000 $201,400 $ 809,000 $ 87,000 $ 189,000 $ 158,000 $ 158,000 $ 540,000 $ 620,000 $ 750,000 $ 809,000 This Year $ 1,080,000 $ 626,400 Cost of goods sold Gross margin $ 453,600 Net operating income $ 276,500 Interest expense $ 14,000 Net income $ 183,750 1. What is the earnings per share? Note: Round your answer to 2 decimal places. Earnings per share 2. What is the price-earnings ratio? Note: Do not round intermediate calculations. Price-earnings ratio 3. What are the dividend payout ratio and the dividend yield ratio? Note: Do not round intermediate calculations. Round your answer considered as 12%. Dividend payout ratio Dividend yield ratio % 12 % 4. What is the return on total assets (assuming a 30% tax rate)? Note: Round percentage answer to 1 decimal place. i.e., 0.123 should be considere Return on total assets % 5. What is the return on equity? Note: Round your answer to the nearest whole percentage place. i.e., 0.12 Return on equity % 6. What is the book value per share at the end of this year? Note: Round your answer to 2 decimal places. Book value per share 7. What are the working capital and current ratio at the end of this year? Note: Round "Current ratio" to 2 decimal places. Working capital Current ratio Markus Company's common stock sold for $4.75 per share at the end of this year. The company paid a common stock dividend of $0.57 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable. Inventory Current assets Total assets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Sales (all on account) Ending Balance Beginning Balance $ 44,000 $ 43,200 $ 92,000) $ 66,200 $ 73,300. $ 209,300 $ 750,000 $ 84,000 $210,000 $ 92,000 $201,400 $ 809,000 $ 87,000 $ 189,000 $ 158,000 $ 158,000 $ 540,000 $ 620,000 $ 750,000 $ 809,000 This Year $ 1,080,000 $ 626,400 Cost of goods sold Gross margin $ 453,600 Net operating income $ 276,500 Interest expense $ 14,000 Net income $ 183,750 1. What is the earnings per share? Note: Round your answer to 2 decimal places. Earnings per share 2. What is the price-earnings ratio? Note: Do not round intermediate calculations. Price-earnings ratio 3. What are the dividend payout ratio and the dividend yield ratio? Note: Do not round intermediate calculations. Round your answer considered as 12%. Dividend payout ratio Dividend yield ratio % 12 % 4. What is the return on total assets (assuming a 30% tax rate)? Note: Round percentage answer to 1 decimal place. i.e., 0.123 should be considere Return on total assets % 5. What is the return on equity? Note: Round your answer to the nearest whole percentage place. i.e., 0.12 Return on equity % 6. What is the book value per share at the end of this year? Note: Round your answer to 2 decimal places. Book value per share 7. What are the working capital and current ratio at the end of this year? Note: Round "Current ratio" to 2 decimal places. Working capital Current ratio