Determine the following measures for 20Y2, rounding to one decimal place, including percentages, except for per-share amounts:

874 Chapter 17 Financial Statement Analysis Instructions Determine the following measures for 2012, rounding to one decimal place, including per centages, except for per-share amounts: 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 873 Chapter 17 Financial Statement Analysis 5. Number of days sales in receivables, 183 Excel 2011 PR 17-4A Measures of liquidity, solvency, and profitability OBJ. 3,4,5 The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 11, 2012 and 2041 2012 Retained earnings, January 1 $3,704.000 $3.264.000 Net income 600,000 550.000 Total $4,304,000 $3.814.000 Dividends: On preferred stock $ 10,000 5 10.000 On common stock.. 100,000 100,000 Total dividends $ 110,000 $ 110,000 Retained earnings, December 31 54.194,000 53.704,000 Marshall inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2011 2012 2011 Sales $10,850,000 $10,000,000 Cost of goods sold 6,000,000 5450.000 Gross profit $ 4,850,000 5 4550 000 Selling expenses $ 2.170.000 $ 2.000.000 Administrative expenses 1,627500 1.500.000 Total operating expenses $ 3.797.500 5 3.500.000 Income from operations $ 1.052.500 5 1.050.000 Other revenue 20,000 $ 1,152.000 $ 1.070,000 Other expense interest) 132.000 120,000 Income before income tax $ 1.000.000 $ 950,000 Income tax expense 420.000 400,000 Net Income $ 500 000 $ 550.000 99.500 Marshall Inc. Comparative Balance Sheet December 31, 2012 and 2011 2012 2011 Assets Current assets: 51,050,000 301.000 585.000 420,000 105,000 $ 2,464,000 B00.000 5.760.000 $9.024.000 $ 950,000 420.000 500.000 380,000 20.000 $2,270,000 300.000 5,154 000 $8.254.000 SB000 $ 800.000 Marketable securities Accounts receivable net) Inventories Prepaid expenses Total current assets. Long-term investments.. Property, plant, and equipment (net) Total assets Liabilities Current liabilities. Long term liabilities Mortgage note payable, 6% Bonds payable Total long-term liabilities Total abilities Stockholders' Equity Preferred 4 stock 55 par Common stock, 55 par Retained earnings... Total stockholders' equity. Total liabilities and stockholders' equity. $ 200,000 3.000 53.200.000 $ 4,000,000 5 3.000.000 $3,000,000 53.800.000 $ 250.000 500.000 4.194,000 $4.914.000 $ 250,000 500.000 3.704,000 $4454.000 $8.254,000 (Continued)