Book Calculator 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 Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Retained earnings, January 1 2 3 3,712000.00 $3,262,000.00 560,000.00 630,000.00 Net income 4,34200000 $3,822000.00 Total 5 Dividends: On preferred stock On common stock Total dividends 10,000.00 $10,000.00 100,000.00 $110,00000 4,232,000.00 $3,712,000.00 6 00,000.00 $110,000.00 s Retained earnings, December 31 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 10,860,000.00 $10,000,000.00 6,000,000.00 5,440,000.00 20Y1 2 Sales Cost of goods sold 4 Gross proft s Selling expenses $2,160,000.00 $2,000,000.00 1,627,500.00 1,500,000.00 Administrative expenses Total operating expenses 8 Income from operations 3,787500.00 $3,500,000.00 1,072,500.00 $1,060,000.00 20,000.00 1,172,000.00 $1,080,000.00 120,000.00 1,040,000.00 $960,000.00 400,000.00 $560,000.00 Other revenue 99,500.00 10 s Other expense (interest) 12 Income before income tax 13 Income tax expense 14 Net income 132,000.00 10,000.00 $630,000.00 Check My Work All work saved Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets Current assets 4 Cash 5 Marketable securities sAccounts receivable (net) 1,050,000.00 $950,000.00 01,000.00 420,000.00 84,000.00 500,000.00 10,000.00380,000.00 0,000.00 2454,000.00 $2,270,000.00 Inventories 109,00000 s Prepaid expenses Total current assets o Long-term investments t Property, plant, and equipment (net) 12- Total assets 800,000.00 5,770,000.00 5,184,00000 9,024000.00 $8,254,000.00 4 Current liabilities 84200000$792,00000 Long-term liabilities $200,000.00 $0.00 Mortgage note payable,6% Bonds payable, 4%, . ,000,000.00 3,000,000.00 All work saved. 2,454,000.00 $2,270,000.00 800,000.00 800,000.00 ,770,000.00 5,184,000.00 9,024000.00 $8,254,000.00 Total current assets Long-term investments Property,plant,and equipment (net) otal assets 12 T Liabilities 842,000.00 $792,000.00 4 Current liabilities t5 Long-term liabilities is? Mortgage note payable, 6%, 17: Bonds payable,4%, $200,000.00 000,000.00 3,000,000.00 3,200,000.00 $3.000,000.0 404200000 $57900000 Total long-term liabilities 9 Total Uabilities Stockholders' Equity 20 21 : Preferred 4% stock, $5 par 2 Common stock, $5 par as Retained earnings $250,000.00 500,000.00 232,000.00 3,712,000.00 4,982000.00 $4,462,000.00 9,024,000.00 $8,254,000.00 $250,000.00 500,000.00 Total stockholders' equity s Total liabilaties and stockholders' equity Determine the following measures for 20Y2 (round to ore decinal place, didng percentages, except or per-share amounts): Assum Check My Work All work saved. Email Instru MacBook Pro Caloulator Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Assume a 365-day 2. Current ratio 3 Quick ratio 4. Accouts recelvable turnover 10. Times.interest eamed 13. 17 Dhidends.pet.share of common stock 18. Dividend viold All work saved 20 Questions Determine measures for 20Y2 (round to one decimal place, including percentages,except for per-share amounts):Assume a 365- day year the following 1. Working Capital 2. Current ratio 3. Quick ratio 4. Accounts reoeivable turnover 5. Number of days' sales in receivables 6.Inventory turnover 7. Number of days' sales in inventory 8 Ratio of fxed assets to long-term lablitios 9. Ratio of labilities to stockholders equity 10. Tmes interest earned 11. Asset tunover 12.Rtm on total assets 13. Return on stockholders' equity 14 Return on common stockhoiders equity 15. Eamings per share on common shock $ 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield All work saved 20 Fs