17. Dividends per share of common stock 18. Dividend yield % 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 Chap 17 eBook 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 Decemb Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 2041 2012 2011 Retained earnings, January 1 Net income $3,794,250 $4,482,450 1,064,000 $5,546,450 777,100 Total $4,571,350 Dividends: On preferred stock $13,300 > On common stock $13,300 75,600 $88,900 75,600 $88,900 $5,457,550 Total dividends Retained earnings, December 31 $4,482,450 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2011 20Y2 2011 COCCO Check My Work Chap 17 eBook Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2041 20Y2 2011 Sales $5,866,280 2,053,490 $3,812,790 $5,404,940 1,889,210 $3,515,730 $1,572,130 Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other revenue 923,320 $1,249,860 1,064,690 $2,314,550 $1,498,240 $2,495,450 > $1,020,280 65,120 Other expense (interest) 78,860 $1,577,100 368,000 $1,209,100 145,100 $1,085,400 202,400 $883,000 Income before income tax income tax expense 105,900 $777,100 Net income $1,064,000 Marshall Inc. Check My Work Assets Current assets Cash Marketable securities Accounts receivable (net) Inventories Prepaid expenses $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 Total current assets Long-term investments Property, plant, and equipment (net) Total assets $12,093,839 Liabilities > Current liabilities $1,390,040 $3,051,389 $0 Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities Total liabilities Stockholders' Equity Preferred $0.20 stock, $50 par Common stock, $10 par $2,070,000 2,530,000 $4,600,000 $5,990,040 2,530,000 $2,530,000 $5,581,389 $950,000 1,050,000 $950,000 1,080,000 Check My Work Letter for justin Padil tops 2021.pdf tops 2021 (1).pdf 2 o Type here to search eBook Property, plant, and equipment (net) 5,980,000 5,382,000 Total assets $13,477,590 $12,093,839 Liabilities Current liabilities $1,390,040 $3,051,389 Long-term liabilities: Mortgage note payable, 8% $2,070,000 $0 Bonds payable, 8% 2,530,000 2,530,000 Total long-term liabilities $4,600,000 $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 decimal place, except for dollar amounts, which should be rounded to the neare required. Assume 365 days a year. 2,919,084 1. Working capital 3. 2. Current ratio > Check My Work