The following information applies to the questions displayed below.] Markus Company’s common stock sold for $3.25 per...

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The following information applies to the questions displayedbelow.]

Markus Company’s common stock sold for $3.25 per share at theend of this year. The company paid a common stock dividend of $0.65per share this year. It also provided the following dataexcerpts from this year’s financialstatements:     

Ending
Balance
Beginning
Balance
Cash$39,000$35,200
Accounts receivable$72,000$56,200
Inventory$61,900$72,000
Current assets$172,900$163,400
Total assets$531,000$550,400
Current liabilities$69,000$60,000
Total liabilities$156,000$140,400
Common stock, $1 par value$132,000$132,000
Total stockholders’ equity$375,000$410,000
Total liabilities and stockholders’ equity$531,000$550,400

     

This Year
Sales (all on account)$850,000
Cost of goods sold$493,000
Gross margin$357,000
Net operating income$173,375
Interest expense$9,500
Net income$114,712

2. What is the price-earnings ratio? (Do not roundintermediate calculations. Round your answer to 2 decimalplaces.)

4. What is the return on total assets (assuming a 30% tax rate)?(Round your percentage answer to 1 decimal place (i.e.,0.1234 should be entered as 12.3).)

6. What is the book value per share at the end of this year?(Round your answer to 2 decimalplaces.)      

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

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