# Markus Company's common stock sold for $2.75 per share at the end of this year. The... ###### Question: Markus Company's common stock sold for$2.75 per share at the end of this year. The company paid a common stock dividend of $0.55 per share this year. It also provided the following data excerpts from this year's financial statements: Ending Beginning Balance Balance Cash$ 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 Sales (all on account) Cost of goods sold Gross margin Net operating income Interest expense Net income This Year $700,000$ 400,000 $300,000$ 140,000 $8,000$ 92,400
13. What is the times interest earned ratio? (Round your answer to 1 decimal place.) Times interest eamed ratio
14. What is the debt-to-equity ratio at the end of this year? (Round your answer to 2 decimal places.) Debt-to-equity ratio
15. What is the equity multiplier? (Round your answer to 2 decimal places.) Equity multiplier

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