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The Foundational 15 (Algo) (L014-2, L014-3, L014-4, L014-5, L014-6] [The following information applies to the questions displayed below.) Markus Company's common stock sold for $6.00 per share at the end of this year. The company paid a common stock dividend of $0.96 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Balance Beginning Balance Cash $ 54,000 $ 48,200 Accounts receivable $ 102,000 $ 73,700 Inventory $ 82.000 $ 102,000 Current assets $ 238,000 $ 223,900 Total assets $ 900,000 $ 998.000 Current liabilities $ 93,000 $ 103,500 Total liabilities $ 220,000 $ 198,000 Common stock. $1 par value $ 178,000 $ 178,000 Total stockholders' equity $ 680,000 $800,000 Total liabilities and stockholders' equity $ 900,000 $ 998,000 Sales (all on account) Cost of goods sold Cross margin Het operating income Interest expenso Net income This Year $ 1,210.000 5 701,800 $ 508,200 $ 378,000 5.10.000 $ 252.000 Foundational 14-11 (Algo) 11. What is the company's operating cycle? (Use 365 days in a year. Round your intermediate and tinal answer to 2 decimal places.) Operating cycle days View previous anempe [ine tollowing information apples to the questions displayed below. Markus Company's common stock sold for $6.00 per share at the end of this year. The company paid a common stock dividend of $0,96 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, 51 par value Total stockholders' equity Total liabilities and stockholdera equity Ending Balance $ 54,000 $ 102,000 $82,000 $ 238,000 $ 900,000 $ 9,000 $ 220,000 $ 179,000 $ 680,000 $ 900.000 Beginning Balance $ 48,200 $ 73, 700 $ 102,000 $ 223,900 $ 998,000 $ 103,500 198,000 $ 170,000 $ 300,000 $ 990,000 Sales (all on account) Cost of goods sold CEO margin Het operating Income Interest expense Het income This Year 5.1.210.000 6701,000 $ 508,200 $ 378,000 $ 18,000 $ 252,000 Foundational 14-9 (Algo) ces 9. 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 tumover Average collection period days The Foundational 15 (Algo) (L014-2, LO14-3, LO14-4, LO14-5, LO14-6) The following information applies to the questions displayed below.) Markus Company's common stock sold for $6.00 per share at the end of this year. The company paid a common stock dividend of $0.96 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Balance Beginning Balance Cash $ 54,000 $ 48,200 Accounts receivable $ 102,000 $ 73, 700 Inventory $ 82,000 $ 102,000 Current assets $ 238,000 $ 223,900 $ 900,000 $ 998,000 Current liabilities $ 93,000 $ 103,500 Total liabilities $ 220,000 $ 198,000 Common stock, $1 par value $ 178,000 Total stockholders' equity $ 680,000 $ 800,000 Total liabilities and stockholdera equity $ 900,000 $998,000 Total assets $ 178,000 Sales (all on account) Coat of goods sold Gronis margin Bet operating income Interest expense Net income This Year $ 1,210,000 $701, 800 $ 508,200 $ 378,000 $ 18,000 $ 252,000 Foundational 14-10 (Algo) 10. What is the inventory turnover and the average snie period? (Use 365 days in a year. Round your intermediate and final answers to 2 decimal places.) Inventory turnover Average sale period 7.63 48.00 3 days The Foundational 15 (Algo) (L014-2, LO14-3, L014-4, L014-5, L014-6) [The following information applies to the questions displayed below) Markus Company's common stock sold for $6.00 per share at the end of this year. The company paid a common stock dividend of $0.96 per share this year. It also provided the following data excerpts from this year's financial statements: Cash Accounts receivable Inventory Current assets Total ansets Current liabilities Total liabilities Common stock, $1 par value Total stockholders' equity Total liabilities and stockholders' equity Ending Balance $ 54,000 $ 102,000 $ 82,000 $ 238,000 $ 900,000 $ 93,000 $ 220,000 $ 178,000 $ 680,000 $ 900.000 Beginning Balance $ 48,200 $ 73, 700 $ 102,000 $ 223,900 $998,000 $ 103,500 $ 199,000 $ 178,000 $ 800,000 6 998.000 Sales (all on account) Cost of goods sold Cross margin Net operating income Interest expense Net income This Year $1,210,000 $ 701,00 $ 508,200 378,000 $18,000 5 252,000 Foundational 14-4 (Algo) 4. What is the return on total assetsh(assuming a 30% tax rate)? (Round percentage answer to 1 decimal place. I.e. 0.123 should be considered as 12.3%) Rotum or total asets

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