Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 2041 20Y2 20Y1 Sales $2,268,475 $2,090,030 Cost of goods sold 825,630 759,580 Gross profit $1,442,845 $1,330,450 Selling expenses $473,800 $594,200 348,970 Administrative expenses 403,605 Total operating expenses $877,405 $943,170 Income from operations $565,440 $387,280 Other revenue 29,760 24,720 $595,200 $412,000 Other expense interest) 152,000 84,000 Income before income tax $443,200 53,200 $328,000 39,500 Income tax expense Net income $390,000 $288,500 Marshall Inc. Comparative Balance Sheet December 31, 2012 and 20Y1 20Y2 20Y1 Assets Current assets Cash $453,330 $417,570 Marketable securities 686,120 691,970 401,500 Accounts receivable (net) 423,400 Inventories 321,200 248,200 Prepaid expenses 85,770 83,510 Total current assets $1,842,750 $1,969,820 831,445 2,470,000 Long-term investments Property, plant, and equipment (net) 428,751 2,223,000 Total assets $5,271,265 $4,494,501 Liabilities Current liabilities $596,915 $1,018,851 Long-term liabilities: Mortgage note payable, 8% $850,000 Bonds payable, 8% 1,050,000 1,050,000 Total long-term liabilities $1,900,000 $1,050,000 nrn nr 1 Total liabilities $2,496,915 $2,068,851 Stockholders' Equity Preferred $0.70 stock, $20 par $360,000 $360,000 Common stock, $10 par 410,000 410,000 Retained earnings 2,004,350 1,655,650 Total stockholders' equity $2,774,350 $2,425,650 Total liabilities and stockholders' equity $5,271,265 $4,494,501 Required: 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 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables days 6. Inventory turnover 7. Number of days' sales in inventory days 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 %