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2011 The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 64 on December 31,

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2011 The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 64 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 2011 2012 Retained earnings, January 1 $ 1,550,300 $1,307,800 Net income 364,800 267,900 $ 1,915,100 $1,575,700 Dividends On preferred stock 55,600 On common stock 19,800 19,800 Total $5,600 Total dividends $ 25,400 $ 25,400 Retained earnings, December 31 $1,889,700 $1,550,300 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 2041 20Y2 2011 $ 2,330,160 797,160 $ 2,146,930 733,390 $ 1,413,540 $ 1,533,000 $529,000 $ 655,550 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other income 450,630 385,000 979,630 1,040,550 $ 553,370 $ 372,990 29,130 23,810 $ 396,800 $ 582,500 168,000 92,800 Other expense (Interest) Income before income tax Income tax expense $ 414,500 $ 304,000 49,700 36,100 Net Income $364,800 $ 267,900 Book Marshall Inc. Comparative Balance Sheet December 31, 2012 and 2011 Dec. 31, 20Y2 Dec. 31, 2011 Assets Current assets $ 375,830 Cash Marketable securities 622,790 401,500 Accounts receivable (net) Inventories $ 609,060 921,820 430,700 321,200 115,231 $ 2,398,011 248,200 75,170 Prepaid expenses $ 1,723,490 Total current assets 478,359 212,140 Long-term investments 2,520,000 2,268,000 Property, plant, and equipment (net) $ 5,396,370 $ 4,203,630 Total assets Liabilities $ 726,670 $ 813,330 Current liabilities $0 Long-term liabilities Mortgage note payable, 8 % Bonds payable, 8 % Total long-term liabilities $ 940,000 1,160,000 $ 2,100,000 1,160,000 $ 1,160,000 $ 2,826,670 $ 1,973,330 Total liabilities Stockholders' Equity Stockholders' Equity Preferred $ 0.70 stock, $ 40 par $ 320,000 Common stock, $ 10 par 360,000 $ 320,000 360,000 1,550,300 Retained earnings 1,889,700 Total stockholders' equity $ 2,569,700 $ 2,230,300 Total liabilities and stockholders' equity $ 5,396,370 $ 4,203,630 Required: Determine the following measures for 202, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent. Use the rounded answer of the requirement for subsequent requirement, If required. Assume 365 days a year, 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days sales in receivables days days 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of feed assets to long-term abilities 9. Ratio of abilities to stockholders' equity 10. Times interest comed 11. Asset turnover 12. Return on total assets 13. Return on stockholders' equity 14. Return on common stockholders' equity 15. Earnings per share on common stock 16. Price-camings ratio 17. Dividends per share of common stock 18. Dividend yield %

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