I am having trouble with priblem 12-18 on 2nd page. Can you help?
Chapter 17: Financial Statement Analysis 5. Number of days. sales in receivables, 18.3 PR 17-4A Measures of liquidity, solvency, and profitability OB. 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 31, 2012 and 2041 2012 Retained eamings, January 1......................................... $3.704.000 $3,26 Net income. .. 600,000 550.000 $4.304 000 $3,814 000 Dividends: On preferred stock .............. $ 10.000 $ 10,000 On common stock.. 100.000 100,000 Total dividends.. $ 110,000 $ 110,000 Retained earnings, December 31 ............. 54,194,000 $3.704 000 For the Year Ended December 31, 2012 and 2041 . .. 5,000. +2= 542,500 Cost of goods sold.......... Gross profit................... Selling expenses... ******** Administrative expenses. Total operating expenses..... Income from operations. Other revenue.. 2918 2012 510,850.000 6,000,000 $ 4.850,000 $ 2.170,000 1627.500 $ 3,797.500 $ 1.052.500 99.500 $ 1,152,000 132.000 $ 1.020.000 470.000 $ 600,000 2011 $10 000 000 5,450,000 $ 4.550.000 $2,000,000 1.500.000 $ 3.500.000 $1,050,000 20.000 $ 1.070,000 120,000 $ 950,000 400.000 $50,000 600,000 132,000 Other expense interest)........... Income before income tax Income tax expense.. Net Income 32,000 December 31, 2012 and 2011 20Y2 2011 0.000 50,000 = 15, Current assets Cash.. Marketable securities...... Accounts receivable net)... Inventories Prepaid expenses Total current assets..... Long-term investments .... Property, plant, and equipment (net) .... Total assets.. . $1.050,000 301,000 585.000 420.000 108.000 52464,000 800.000 5,760 000 $9024.000 $ 950.000 420000 500.000 380,000 20.000 $2,270,000 800.000 5,184,000 $5.254.000 to Aug inv $ 0.00 $ 800,000 $ 200.000 3.000.000 $ 3.200,000 $4.080.000 3.000.000 $3.000.000 $3,800.000 Current liabilities..... Long-term liabilities: Mortgage note payable, 6%.. Bonds payable, 4%..... Total long-term liabilities .... Total liabilities ........................ Stockholders' Equity Preferred 4% stock, 55 par..... Common stock, 55 par.................. Retained earnings.... Total stockholders' equity. Total liabilities and stockholders'equity.. $ 250,000 500 000 4,194,000 $4944,000 $9,024,000 $ 250.000 S00.000 3.704,000 $4454.000 SRPS4,000 (Continued) 873 Chapter 17: Financial Statement Analysis Chapter 17: Financial Statement Analysis Instructions Determine the following measures for 20Y2, 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 OBJ. 4,5 PR 17-5A Solvency and profitability trend analysis Addai Company has provided the following comparative information
