Markus Companys common stock sold for $2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this years financial statements:

	Ending Balance		Beginning Balance
Cash	$	35,000	$	30,000
Accounts receivable	$	60,000	$	50,000
Inventory	$	55,000	$	60,000
Current assets	$	150,000	$	140,000
Total assets	$	450,000	$	460,000
Current liabilities	$	60,000	$	40,000
Total liabilities	$	130,000	$	120,000
Common stock, $1 par value	$	120,000	$	120,000
Total stockholders equity	$	320,000	$	340,000
Total liabilities and stockholders equity	$	450,000	$	460,000

	This Year
Sales (all on account)	$	700,000
Cost of goods sold	$	400,000
Gross margin	$	300,000
Net operating income	$	140,000
Interest expense	$	8,000
Net income	$	92,400

1. What is the acid-test ratio at the end of this year? (Round your answer to 2 decimal places.)

2.

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.) Accounts receivable turnover Average collection period days

3. 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.) Inventory turnover Average sale period days 4. What is the companys operating cycle? (Round your intermediate and final answers to 2 decimal places.) 5. What is the total asset turnover? (Round your answer to 2 decimal places.) 6. What is the times interest earned ratio? (Round your answer to 1 decimal place.) 7. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) 8. What is the equity multiplier? (Round your answer to 2 decimal places.)