Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 54 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 2041 2012 2081 Retained earnings, January 1 $1,308,050 $1,105,650 226,500 Net income 288,000 Total $1,596,050 $1,332,150 Dividends: $9,100 $9,100 On preferred stock On common stock Total dividends 15,000 $24,100 $1,571,950 15,000 $24,100 $1,308,050 Retained earnings, December 31 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 $1,737,400 $1,600,750 Sales Cost of goods sold 613,200 564,140 Gross profit $1,124,200 $1,036,610 Selling expenses $377,610 $461,540 Administrative expenses 321,660 271,070 Total operating expenses $699,270 $732,610 Income from operations $304,000 $424,930 22,370 Other revenue 19,400 $447,300 $323,400 Other expense (interest) 120,000 66,400 Income before income tax $327,300 $257,000 Income tax expense 39,300 30,500 Net income $288,000 $226,500 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 2012 20Y1 Assets Current assets Cash $283,790 Marketable securities 470,270 $238,650 361,190 321,200 248,200 Accounts receivable (net) 299,300 Inventories 189,800 Prepaid expenses 45,150 56,760 Total current assets $1,214,390 Long-term investments Property, plant, and equipment (net) 886,315 1,950,000 $4,050,705 $1,299,920 115,614 1,755,000 $3,170,534 Total assets Liabilities Current liabilities $418,755 $472,484 Long-term liabilities: Mortgage note payable, 8% $670,000 $0 Bonds payable, 8% 830,000 830,000 $830,000 Total long-term liabilities $1,500,000 $1,918,755 Total liabilities $1,302,484 Stockholders' Equity Preferred $0.70 stock, $20 par $260,000 $260,000 Common stock, $10 par 300,000 300,000 Retained earnings 1,571,950 1,308,050 Total stockholders' equity $2,131,950 $4,050,705 $1,868,050 $3,170,534 Total liabilities and stockholders' equity 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