Current Current AssetsLabilitles Calculated Value 1. Working capital: Ratio Numerator DenominatorCalculated Value 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 Ratio of fixed assets to long-term liabiltios 8. 9. Ratio of liabilities to stockholders' equity 10. Times interest eamed 11 Asset turnover 12. Return on total assets 13. Return on stockholders 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity - 10. Times interest eamed 11. Asset tumover 12. Retum on total assets 13. Return on stockholders equity 14. Return on common stockholders' equity 15. Earmings per share on common stock 16. Price-eamings ratio 17. Dividends per share of common stock 18. Dividend yield 5 PR 17-4A Measures of liquidity, solvency, and profitability of daysThe comparative financial statements of Marshall Inc, are as follows. The n receivables, 18.3 Marshall stock was $82.60 on December 31, 20V2 market price Comparative Retained Earnings Statement For the Years Ended December 31,20Y2 and 30Y Excel Retained earnings, January 1 Net income Total 20Y2 3,704,000 4 304 00053.814000 10,000 10,000 5 110,000 110,000 On preferred stock Total dividends 100,000 Retained earnings, December 31 4,194,000 $3,704,000 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 2OY 20Y2 $10,850,000 $10.000,000 Gross profit Selling expenses Administrative expenses--... Total operating expenses 6.000,000 5450.000 4850,000 $4550,000 2170000 $2,000,000 1627.500 1.500.000 3.797 500 3,500,000 1,052.500 $1,050,000 Other revenue 99.500 5 1,152000 $1,070,000 120,000 Other expense (interest) Income before income tax Income tax expense. Net income 132,000 $ 1,020,000 $ 950,000 20,000 400,000 5 600000 550,000 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets Current assets: $ 950,000 $1,050,000 301,000 585,000 420,000 108,000 Cash 500,000 2.464,000 $2,270,000 800,000 84,000 Total current assets. Long-term investments. Property, plant, and equipment (net) Total assets .. 5,760,000 880,000 800,000 Current liabilities Long-term liabilities: $ 200,000 3,000,000 3,000,000 3,200,000 $3,000.000 4080000 $3.800,000 Bonds payable, 4% Stockholders' Equity 250,000 500000 $ 250,000 500,000 4,194,000 ...$4,944,000 Preferred 4% stock, $5 par . 3,704,000 54,000 Retained earnings Total stockholders'equity 58,254,000 Instructions Determine the centages, except for per-share amounts: the following measures for 20Y2, rounding to one decimal place 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. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 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-earnings ratio 17. Dividends per share of common stock 18. Dividend yield
