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may have to zoom in to see picture better please help with 1-18 Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall

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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, 2012 Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 2041 2012 20Y1 Retained earnings, January 1 $3,628,200 $3,052,200 Net Income 772,800 625,200 Total $4,401,000 $3,677,400 Dividends: On preferred stock On common stock $10,500 38,700 $10,500 38,700 $49,200 $3,628,200 Total dividends $49,200 Retained earnings, December 31 $4,351,800 Marshall inc Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 Calculator Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 2011 Sales $4,346,420 $4,004,580 Cost of goods sold 1,623,930 Gross profit Selling expenses 1,765,140 $2,581,280 $795,630 $2,380,650 $985,540 677,760 578,810 Administrative expenses Total operating expenses Income from operations $1.473.390 $1,564,350 $1,107,890 58.310 $816,300 52.100 Other revenue $1,166,200 $868,400 Other expense (interest) 288,000 158.400 Income before income tax $878,200 $710.000 Income tax expense 105.400 94.800 Net Income $772.800 $625,200 Check My Work 3 more Check My Work uses remaining E Calculator Marshall Inc Comparative Balance Sheet December 31, 2012 and 2041 2012 2011 Assets Current assets Cash $770,440 $871,480 1,319,000 861,400 642,400 1,276,740 810,300 496,400 Marketable securities Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term investments Property, plant, and equipment (net) 164,872 154,090 $3,859,152 $3,507,970 2,912,038 1,494,063 3,960,000 3,564,000 Total assets $10,731,240 $8,556,033 Liabilities Current abilities $1,169.440 31.337.933 Long-term liabilities: Mortose note Davable. 8% $1.620.000 Previous Check My Work 3 more Check My Work uses remaining Calculator Lorem investments Property, plant, and equipment (net) Total assets ZIZ,088 3,960,000 $10,731,240 1,484,055 3,564,000 $8,556,033 Liabilities Current liabilities $1,169,440 $1,337,833 Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities 1,980,000 $1,620,000 1,980,000 $3,600,000 $4,769,440 $1,980,000 Total liabilities $3,317,833 Stockholders' Equity Preferred $0.70 stock, $50 par Common stock, $10 par $750,000 860,000 4,351,800 $750,000 860,000 3,628,200 Retained earnings $5,961,800 $5,238,200 Total stockholders' equity Total liabilities and stockholders' equity $10.731.240 $8,556,033 Required: Determine the following measures for 2012, 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 Determine the following measures for 2012, 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 days 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 days 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 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 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-eamings ratio 17. Dividends per share of common stock 18. Dividend yield Next

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