% 13. Return on stockholders' equity 14. Return on common stockholders' equity % 15. Earnings per share on common stock 16. Price earnings ratio Chap 17 eBook Total assets $13,477,590 $12,093,839 Liabilities Current liabilities $1,390,040 $3,051,389 $2,070,000 2,530,000 $4,600,000 $5,990,040 $0 2,530,000 $2,530,000 $5,581,389 Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities Total liabilities Stockholders' Equity Preferred $0.70 stock, $50 par Common stock, $10 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $950,000 1,080,000 5,457,550 $7,487,550 $13,477,590 $950,000 1,080,000 4,482,450 $6,512,450 $12,093,839 Required: Chap 11 eBook Comparative Balance Sheet December 31, 2012 and 2011 20Y2 2011 Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term investments Property, plant, and equipment (net) $897,520 1,358,410 1,080,400 803,000 169,794 $4,309,124 3,188,466 5,980,000 $13,477,590 $1,165,700 1,931,730 1,014,700 613,200 233,140 $4,958,470 1,753,369 5,382,000 $12,093,839 Total assets Liabilities $1,390,040 Current liabilities $3,051,389 $0 Long term fiabilities: Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities Total liabilities $2,070,000 2,530,000 $4,600,000 $5,990,000 2,530,000 $2,530,000 $5,581.399 Check My Work eBook Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 2011 $5,404,40 1,889,210 $3,515,730 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other revenue $5,866,280 2,053,490 $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 $1,572,130 923,320 $2,495,450 $1,020,280 65,120 $1,085,400 202,400 5883,000 105,900 $777,100 Other expense interest) Income before income tax Income tax expense Net income Check My Work