Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 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			$1,651,550		$1,389,650
Net income			379,600		284,600
Total			$2,031,150		$1,674,250
Dividends:
	On preferred stock		$6,300		$6,300
	On common stock		16,400		16,400
		Total dividends	$22,700		$22,700
Retained earnings, December 31			$2,008,450		$1,651,550

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$2,148,025		$1,979,120
Cost of goods sold	756,280		695,780
Gross profit	$1,391,745		$1,283,340
Selling expenses	$460,470		$572,690
Administrative expenses	392,245		336,340
Total operating expenses	$852,715		$909,030
Income from operations	$539,030		$374,310
Other revenue	28,370		23,890
	$567,400		$398,200
Other expense (interest)	136,000		75,200
Income before income tax	$431,400		$323,000
Income tax expense	51,800		38,400
Net income	$379,600		$284,600

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$298,920		$388,930
	Marketable securities		452,430		644,510
	Accounts receivable (net)		401,500		379,600
	Inventories		306,600		233,600
	Prepaid expenses		56,554		77,790
		Total current assets	$1,516,004		$1,724,430
Long-term investments			1,445,206		645,503
Property, plant, and equipment (net)			2,040,000		1,836,000
Total assets			$5,001,210		$4,205,933
Liabilities
Current liabilities			$522,760		$844,383
Long-term liabilities:
	Mortgage note payable, 8%		$760,000		$0
	Bonds payable, 8%		940,000		940,000
		Total long-term liabilities	$1,700,000		$940,000
Total liabilities			$2,222,760		$1,784,383
Stockholders' Equity
Preferred $0.70 stock, $40 par			$360,000		$360,000
Common stock, $10 par			410,000		410,000
Retained earnings			2,008,450		1,651,550
Total stockholders' equity			$2,778,450		$2,421,550
Total liabilities and stockholders' equity			$5,001,210		$4,205,933

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		%