12. Return on total assets 0.12 X % % % 13. Return on stockholders' equity 14. Return on common stockholders' equity 15. Earnings per share on common stock 16. Price-earnings ratio EDU! 17. Dividends per share of common stock 18. Dividend yield % eBook Tassets WE Liabilities Current liabilities $1,390,040 Long-term liabilities: $3,051,389 Mortgage note payable, 8% $2,070,000 $0 Bonds payable, 8% 2,530,000 2,530,000 Total long-term liabilities $1,600,000 $2,530,000 Total liabilities $5,990,040 $5,581,389 Stockholders' Equity Preferred $0.70 stock, $50 par $950,000 $950,000 Common stock, $10 par 1,080,000 1,080,000 Retained earnings 5,457,550 4,482,450 Total stockholders' equity $7.487,550 $6,512,450 Total liabilities and stockholders' equity $13,477,590 $12,093,839 Required: Determine the following measures for 2012, rounding to one dectral place, except for dollar amounts, which should be rounded to the nearest cent. Use the roun the requirement for subsequent requirement, if required. Assume 365 days a year 2,919,084 1. Working capital 3.1 2. Current ratio 2.4 3. Quick ratio Previous Check My Work Letter for Justin Pa.pdf Ps 2021.pdf eBook Marshall Inc. Comparative Balance Sheet December 31, 2012 and 2011 2012 2011 Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid expenses Total current assets $1,165,700 1,931,730 1,014,700 613,200 $897,520 1,358,410 1,080,400 803,000 169,794 $4,309,124 3,188,466 5,980,000 $13,427,590 233,140 Long-term investments Property, plant, and equipment (net) $4,958,470 1.753,369 5,382,000 $12,093,839 Total assets Liabilities $1,390,040 $3,051,389 Current liabilities Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% $0 $2,070,000 2,530,000 2,530,000 Previous Ne Check My Work > 3 Ops 2021.pdf Letter for lustin Pa..pdf c 3 lli Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 2011 Sales $5,866,280 Cost of goods sold 2,053,490 Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations $5,404,940 1,889,210 $3,515,730 $1,572,130 923,320 $2,495,450 $1,020,280 65,120 $1,085,400 202,400 $883,000 105,900 $277,100 $3,812,790 $1,249,860 1,064,690 $2,314,550 $1,498,240 78,860 $1,577,100 368,000 $1,209,100 145, 100 $1,064,000 Other revenue Other expense (interest) Income before income tax Income tax expense Net income Marshall Inc. PE Check My Work Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 64 on December 31, 2012, Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 2011 2012 2011 Retained earnings, January 1 $4,482,450 $3,794,250 Net income 1,064,000 777,100 Total $5,546,450 $4,571,350 Dividends: On preferred stock On common stock Total dividends $13,300 75,600 $13,300 75,600 $88,900 $5,457,550 $88,900 54,482,450 Retained earnings, December 31 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2011 2012 $5,866,280 2011 55.404.940 Sales Check My Work