Measures of Inequality, Solvency, and Profitability.

Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $65 on December 31,20 2. Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 \begin{tabular}{|c|c|c|} \hline & 20Y2 & 20Y1 \\ \hline Sales & $986,960 & $909,300 \\ \hline Cost of merchandise sold & 381,060 & 350,580 \\ \hline Gross profit & $605,900 & $558,720 \\ \hline Selling expenses & $186,730 & $237,700 \\ \hline Administrative expenses & 159,060 & 139,600 \\ \hline Total operating expenses & $345,790 & $377,300 \\ \hline Income from operations & $260,110 & $181,420 \\ \hline \multicolumn{3}{|l|}{ Other revenue and expense: } \\ \hline Other revenue & 13,690 & 11,580 \\ \hline Other expense (interest) & (72,000) & (40,000) \\ \hline Income before income tax expense & $201,800 & $153,000 \\ \hline Income tax expense & 24,200 & 18,400 \\ \hline Net income & $177,600 & $134,600 \\ \hline \end{tabular} Comparative Balance Sheet December 31, 20Y2 and 20Y1 \begin{tabular}{|c|c|c|} \hline & 20Y2 & 20Y1 \\ \hline \multicolumn{3}{|l|}{ Assets } \\ \hline \multicolumn{3}{|l|}{ Current assets: } \\ \hline Cash & $182,890 & $179,660 \\ \hline Marketable securities & 276,800 & 297,730 \\ \hline Accounts receivable (net) & 197,100 & 182,500 \\ \hline Inventories & 146,000 & 116,800 \\ \hline Prepaid expenses & 34,602 & 35,930 \\ \hline Total current assets & $837,392 & $812,620 \\ \hline Long-term investments & 518,313 & 197,374 \\ \hline Property, plant, and equipment (net) & 1,080,000 & 972,000 \\ \hline Total assets & $2,435,705 & $1,981,994 \\ \hline \end{tabular} Liabilities Current liabilities Long-term liabilities: \begin{tabular}{|c|c|c|} \hline Mortgage note payable, 8% & $400,000 & $0 \\ \hline Bonds payable, 8% & 500,000 & 500,000 \\ \hline Total long-term liabilities & $900,000 & $500,000 \\ \hline Total liabilities & $1,153,755 & $863,944 \\ \hline \multicolumn{3}{|c|}{ Stockholders' Equity } \\ \hline Preferred $0.70 stock, $20 par & $160,000 & $160,000 \\ \hline Common stock, $10 par & 180,000 & 180,000 \\ \hline Retained earnings & 941,950 & 778,050 \\ \hline Total stockholders' equity & $1,281,950 & $1,118,050 \\ \hline Total liabilities and stockholders' equity & $2,435,705 & $1,981,994 \\ \hline \end{tabular} Determine the following measures for 20Y2, rounding to one decimal place, except for dollar amounts, which should be rounded to the nearest cent