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Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Assume a 365-day year 1,613,000V 1. Working Capital
Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): Assume a 365-day year 1,613,000V 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 labilties 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 2.8 X 20.0 18.2 14.8 24.6V 1.8 8.9 7.6 % 15. Earnings per share on common stock $ 0.19 X 16. Price-earnings ratio 17 Dividends per share of common stock 18. Dividend yield Points: 11/18 Feedback 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 2 Retained earnings, January 1 3Net income 4Total 5Dvinds: $3,712,000.00 $3,262,000.00 560,000.00 $4,343,000.00 $3,822,000.00 631,000.00 $10,000.00 100,000.00 110,000.00 $4,233,000.00 $3,712,000.00 $10,000.00 100,000.00 110,000.00 On preferred stock On common stock 8 Total dividends 9 Retained earnings, December 31 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 2 Sales 3 Cost of goods sold 4 Gross profit 5 Selling expenses 6Administrative expenses $10,860,000.00 $10,000,000.00 5,440,000.00 4,560,000.00 2,160,000.00 $2,000,000.00 627500.00 500,000.00 $3,787,500.00 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 1,041,000.00 $960,000.00 400,000.00 560,000.00 6,000,000.00 4,860,000.00 $4 7 Total operating expenses 8Income from operations Other income 99,500.00 10 131,000.00 11 Other expense (interest) 12 Income before income tax 13 Income tax expense 14 Net income 410,000.00 $631,000.00 Marshall Inc Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets 3Current assets 4 Cash 5Marketable securities 6 Accounts receivable (net) 7Inventories 8Prepaid expenses 9 Total current assets 10 Long-term investments 11 Property, plant, and equipment (net) 1otal assets 1,050,000.00 950,000.00 420,000.00 500,000.00 380,000.00 20,000.00 2,474,000.00 $2,270,000.00 800,000.00 5,184,000.00 9,044,000.00 $8,254,000.00 301,000.00 584,000.00 430,000.00 109,000.00 800,000.00 5,770,000.00 13 Liabilities 861,000.00 $792,000.00 4 Current liabilities 15 Long-term liabilities: 16 Mortgage note payable, 6%, 17 Bonds payable, 4%, 8 Total long-term liabilities $0.00 3,000,000.00 $3,200,000.00 $3,000,000.00 200,000.00 3,000,000.00 13 Liabilities 861,000.00 $792,000.00 4 Current liabilities 15 Long-term liabilities: 16 Mortgage note payable, 6%, 17 Bonds payable, 4%, 18 Total long-term liabilities 19 Total liabilities $0.00 3,000,000.00 $3,200,000.00 $3,000,000.00 $4,061,000.00 $3,792,000.00 200,000.00 3,000,000.00 20 Stockholders' Equity 21 Preferred 4% stock, $5 par 22 Common stock, $5 par 23 Retained earnings 24 Total stockholders' equity 25 Total liabiities and stockholders' equity 250,000.00 500,000.00 ,233,000.00 3,712000.00 4,983,000.00 $4,462,000.00 9,044,000.00 $8,254,000.00 250,000.00 500,000.00 etermine 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
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