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, 20Y2.

Marshall Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 20Y2 and 20Y1
			20Y2		20Y1
Retained earnings, January 1			$ 3,203,250		$ 2,713,850
Net income			740,000		555,900
Total			$3,943,250		$ 3,269,750
Dividends:
	On preferred stock		$ 11,900		$ 11,900
	On common stock		54,600		54,600
		Total dividends	$ 66,500		$ 66,500
Retained earnings, December 31			$ 3,876,750		$ 3,203,250

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 4,551,550		$ 4,193,610
Cost of goods sold	1,620,600		1,490,950
Gross profit	$ 2,930,950		$ 2,702,660
Selling expenses	$ 999,490		$ 1,231,760
Administrative expenses	851,410		723,410
Total operating expenses	$1,850,900		$1,955,170
Income from operations	$ 1,080,050		$ 747,490
Other revenue	56,850		47,710
	$ 1,136,900		$ 795,200
Other expense (interest)	296,000		163,200
Income before income tax	$ 840,900		$ 632,000
Income tax expense	100,900		76,100
Net income	$ 740,000		$ 555,900

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$ 738,530		$ 770,440
	Marketable securities		1,117,780		1,276,740
	Accounts receivable (net)		810,300		759,200
	Inventories		613,200		467,200
	Prepaid expenses		139,723		154,090
		Total current assets	$ 3,419,533		$ 3,427,670
Long-term investments			2,280,292		936,505
Property, plant, and equipment (net)			4,440,000		3,996,000
Total assets			$ 10,139,825		$ 8,360,175
Liabilities
Current liabilities			$ 1,103,075		$ 1,656,925
Long-term liabilities:
	Mortgage note payable, 8%		$ 1,660,000		$ 0
	Bonds payable, 8%		2,040,000		2,040,000
		Total long-term liabilities	$ 3,700,000		$ 2,040,000
Total liabilities			$ 4,803,075		$ 3,696,925
Stockholders' Equity
Preferred $0.70 stock, $40 par			$ 680,000		$ 680,000
Common stock, $10 par			780,000		780,000
Retained earnings			3,876,750		3,203,250
Total stockholders' equity			$ 5,336,750		$ 4,663,250
Total liabilities and stockholders' equity			$ 10,139,825		$ 8,360,175

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		%