Determine the following measures for 20Y2, 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 3,284,852 2. Current ratio V 3.1 3. Quick ratio 2.5 4. Accounts receivable turnover 5.6 5. Number of days' sales in receivables 65.2 days 6. Inventory turnover 2.8 7. Number of days' sales in inventory 130.4 days 8. Ratio of fixed assets to long-term liabilities 1.2 9. Ratio of liabilities to stockholders' equity 1.1V 10. Times interest earned 3.4 V 11. Asset turnover 0.5 12. Retur on total assets 6.8 X % 13. Return on stockholders' equity 14.2 X % 14. Return on common stockholders' equity 16.0 X % 15. Earnings per share on common stock 9.9 16. Price-earnings ratio 5.8 17. Dividends per share of common stock 0.5 X 18. Dividend yield % 0.8 Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 57 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 202 201 Retained earnings, January 1 $3,474,350 $2,924,750 Net income 599,100 820,800 Total $3,523,850 $4,295,150 Dividends: On preferred stock $12,600 $12,600 On common stock 36,900 36,900 Total dividends $49,500 $49,500 $4,245,650 $3,474,350 Retained earnings, December 31 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2OY2 and 20Y1 202 201 Sales $5,273,520 $4,858,760 Cost of goods sold 1,819,160 1,673,630 Gross profit $3,454,360 $3,185,130 Selling expenses $1,189,890 $1,478,270 Administrative expenses 1,013.610 868,190 Total operating expenses $2,203,500 $2,346,460 Income from operations $1,250,860 $838,670 Other revenue 65,840 53,530 $1,316,700 $892,200 Other expense (interest) 384,000 211,200 Income before income tax $932,700 $681,000 Income tax expense 111,900 81,900 Net income $820,800 $599,100 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets Current assets Cash $1,164,820 $852,940 Marketable securities 1,762,970 1,413,450 Accounts receivable (net) 970,900 912,500 Inventories 730,000 569,400 Prepaid expenses 220,377 170,590 Total current assets $4,849,067 $3,918,880 Long-term investments 1,540,798 455,363 Property, plant, and equipment (net) 5,760,000 5,184,000 Total assets $12,149,865 $9,558,243 Liabilities Current liabilities $1,564,215 $1,903,893 Long-term liabilities: Mortgage note payable, 8% $2,160,000 $0 Bonds payable, 8% 2,640,000 2,640,000 Total long-term liabilities $4,800,000 $2,640,000 Total liabilities $6,364,215 $4,543,893 Stockholders' Equity Preferred $0.70 stock, $40 par $720,000 $720,000 Common stock, $10 par 820,000 820,000 Retained earnings 4,245,650 3,474,350 Total stockholders' equity $5,785,650 $5,014,350 Total liabilities and stockholders' equity $12,149,865 $9,558,243 Renuired