Marshall Inc.Comparative Retained Earnings StatementFor the Years Ended December 31, 20Y2 and 20Y120Y220Y1Retained earnings, January 1$2,201,325$1,859,875Net income516,800380,900Total$2,718,125$2,240,775Dividends:On preferred stock$6,300$6,300On common stock33,15033,150Total dividends$39,450$39,450Retained earnings, December 31$2,678,675$2,201,325

Marshall Inc.Comparative Income StatementFor the Years Ended December 31, 20Y2 and 20Y120Y220Y1Sales$3,391,215$3,124,480Cost of goods sold1,124,2001,034,260Gross profit$2,267,015$2,090,220Selling expenses$799,790$982,250Administrative expenses681,295576,870Total operating expenses$1,481,085$1,559,120Income from operations$785,930$531,100Other revenue41,37033,900$827,300$565,000Other expense (interest)240,000132,000Income before income tax$587,300$433,000Income tax expense70,50052,100Net income$516,800$380,900

Marshall Inc.Comparative Balance SheetDecember 31, 20Y2 and 20Y120Y220Y1AssetsCurrent assetsCash$792,670$518,300Marketable securities1,199,710858,900Accounts receivable (net)613,200576,700Inventories452,600350,400Prepaid expenses149,958103,660Total current assets$3,208,138$2,407,960Long-term investments833,080225,108Property, plant, and equipment (net)3,600,0003,240,000Total assets$7,641,218$5,873,068LiabilitiesCurrent liabilities$1,002,543$1,061,743Long-term liabilities:Mortgage note payable, 8%$1,350,000$0Bonds payable, 8%1,650,0001,650,000Total long-term liabilities$3,000,000$1,650,000Total liabilities$4,002,543$2,711,743Stockholders' EquityPreferred $0.70 stock, $50 par$450,000$450,000Common stock, $10 par510,000510,000Retained earnings2,678,6752,201,325Total stockholders' equity$3,638,675$3,161,325Total liabilities and stockholders' equity$7,641,218$5,873,068

Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 64 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Retained earnings, January 1 $2,201,325 $1,859,875 Net income 516,800 380,900 Total $2,718,125 $2,240,775 Dividends: On preferred stock $6,300 $6,300 On common stock 33,150 33,150 Total dividends $39,450 $39,450 Retained earnings, December 31 $2,678,675 $2,201,325 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $3,391,215 $3,124,480 Cost of goods sold 1,124,200 1,034,260 Gross profit $2,267,015 $2,090,220Required: Determine the following measures for ZOYZ, rounding to one decimal place. exoept for dollar amounts, which should be rounded to the nearest oent. Use the rounded answer of the requirement for subsequent requirement. if required. Assume 355 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 xed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 1|). Times interest earned numeric eld 11. Asset turnover 12. Return on total assets iii: 13. Return on stockholders' equity iii: 14. Return on common stockholders' equity iii: 15. Earnings per share on common stock 4 16. Price-earnings ratio 17. Dividends per share of common wk 4 1!. Dividend yield 9i