Question: The Foundational 1 5 ( Algo ) [ LO 1 4 - 2 , LO 1 4 - 3 , LO 1 4 - 4

 The Foundational 15(Algo)[LO14-2, LO14-3, LO14-4, LO14-5, LO14-6] [The following information applies

The Foundational 15(Algo)[LO14-2, LO14-3, LO14-4, LO14-5, LO14-6]
[The following information applies to the questions displayed below.]
Markus Company's common stock sold for $5.50 per share at the end of this year. The company paid a common stock
dividend of $0.77 per share this year. It also provided the following data excerpts from this year's financial statements:
Foundational 14-4(Algo)
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%)
Return on total assets
to the questions displayed below.] Markus Company's common stock sold for $5.50

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