answer 5-8

Instructions Questions Instructions The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.40 on December 31, 20Y2 Marshall Inc. Comparative Retained Eanings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 2 Retained earnings, January 1 $3,712,000.00 $3,262,00000 3 Net income 590,00000 560,000,00 $3,822,000,00 Total $4302,000.00 5 Dividends On preferred stock $10,00000 $1000000 6 100,000.00 100,00000 On common stock $110,000.00 $110,000.00 Total dividends 9 Retained earnings, December 31 $4,192,000.00 $3,712,000.00 Check My Work 3 more Check My Work uses remaining. Submit Assignment for Grading Save and Exit Instructions Questions Instructions Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y1 20Y2 $10,000,000.00 $10,840,000.00 2 Sales 5,440,000.00 3 Cost of goods sold 6,000,000.00 $4.560,000.00 $4,840,000.00 4 Gross profit $2,160,000.00 $2,000,000.00 5 Selling expenses 1,500,000.00 1,627500.00 6 Administrative expenses $3,500,000.00 $3.787500.00 7 Total operating expenses $1,060,000.00 $1,052,500.00 8 Income from operations 99,500.00 20,000.00 9 Other revenue $1,080,000.00 $1,152,000.00 10 120,000.00 132,00000 11 Other expense (interest) $960,000.00 $1,020,000.00 12 Income before income tax 400,000.00 430,000.00 13 Income tax expense Check My Work 3 more Check My Work uses remaining. Submit A Save and Exit Instructions 14 Net income $590,000.00 $560,000.00 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 1 20Y2 20Y1 Assets 3 Current assets Cash $1,050,000.00 $950,000.00 Marketable securities 5 301,000.00 420,000.00 Accounts receivable (net) 584,000.00 500,000.00 380,000.00 Inventories 410,000.00 7 Prepaid expenses 107,000.00 20,000.00 $2,452,000.00 $2,270,000.00 Total current assets Check My Work 3 more Check My Work uses remaining. Save and Exit Submit Assign Instructions 10 Long-term investments 800,000.00 800,000.00 11 Property, plant, and equipment (net) 5,750,000.00 5,184,000.00 12 Total assets $9,002,000.00 $8.254,000.00 13 Liabilities 14 Current liabilities $860,000.00 $792,000.00 15 Long-term liabilities: 16 Mortgage note payable, 6 % , $200,000.00 $0.00 Bonds payable, 4 % , 17 3,000,000.00 3,000,000.00 Total long-term liabilities $3,000,000.00 $3,200,000.00 18 $4,060,000.00 19 Total liabilities $3,792,000.00 Stockholders' Equity 20 $250,000.00 $250,000.00 21 Preferred 4% stock, $5 par 22 Common stock, $5 par 500,000.00 500,000.00 3,712,000.00 4,192,000.00 23 Retained earnings $4,462,000.00 $4,942,000.00 24 Total stockholders' equity $8,254,000.00 $9,002,000.00 25 Total liabilities and stockholders' equity Check My Work 3 more Check My Work uses remaining. Submit Ass Save and Exit Questions Instructions Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Assume a 365-day year. 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Batio of fxed assets to long-term liabilities 9. Batio of liabilities to stockholders equity 10. Times interest eamed 11. Asset tumover 12. Return on total assets 13. Return on stockholders' equity 14. Beturn on common stockholders eguity 15. Earnings per share on common stock 16. Price-eamings ratio 17 Divirlends ner share nf common etock Check My Work 3 more Check My Work uses remaining. Submit Assignmen Save and Exit Instructions 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory tunover 7. Number of days' sales in Inventory 8. Batio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' eguity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders' equity 14. Return on common stockholders' eguity 15. Eamings per share on common stock 16. Price-eamings ratio 17. Dividends per share of common stock 18. Dividend vield 3 more Check My Work uses remaining. Check My Work Subm Save and Exit Instructions Questions Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Assume a 365-day year 1. Working Capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turmover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 11. Asset turnover 9% 12. Return on total assets 13. Return on stockholders' equity 14. Return on common stockholders equity 15. Earnings per share on common stock Check My Work 3 more Check My Work uses remaining. Submit Assignment fa Save and Es