Measures of liquidity, Solvency and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 52 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			$ 3,512,150		$ 2,956,150
Net income			745,200		605,500
Total			$ 4,257,350		$ 3,561,650
Dividends
	On preferred stock		$ 12,600		$ 12,600
	On common stock		36,900		36,900
		Total dividends	$ 49,500		$ 49,500
Retained earnings, December 31			$ 4,207,850		$ 3,512,150

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 4,316,490		$ 3,976,970
Cost of goods sold	1,553,440		1,429,160
Gross profit	$ 2,763,050		$ 2,547,810
Selling expenses	$ 914,000		$ 1,106,250
Administrative expenses	778,590		649,700
Total operating expenses	1,692,590		1,755,950
Income from operations	$ 1,070,460		$ 791,860
Other income	56,340		50,540
	$ 1,126,800		$ 842,400
Other expense (interest)	280,000		154,400
Income before income tax	$ 846,800		$ 688,000
Income tax expense	101,600		82,500
Net income	$ 745,200		$ 605,500

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			Dec. 31, 20Y2		Dec. 31, 20Y1
Assets
Current assets
	Cash		$ 762,860		$ 726,610
	Marketable securities		1,154,610		1,204,110
	Accounts receivable (net)		824,900		773,800
	Inventories		627,800		481,800
	Prepaid expenses		144,326		145,320
		Total current assets	$ 3,514,496		$ 3,331,640
Long-term investments			2,281,634		699,302
Property, plant, and equipment (net)			4,550,000		4,095,000
Total assets			$ 10,346,130		$ 8,125,942
Liabilities
Current liabilities			$ 1,098,280		$ 1,143,792
Long-term liabilities
	Mortgage note payable, 8 %		$ 1,570,000		$ 0
	Bonds payable, 8 %		1,930,000		1,930,000
		Total long-term liabilities	$ 3,500,000		$ 1,930,000
Total liabilities			$ 4,598,280		$ 3,073,792
Stockholders' Equity
Preferred $ 0.70 stock, $ 40 par			$ 720,000		$ 720,000
Common stock, $ 10 par			820,000		820,000
Retained earnings			4,207,850		3,512,150
	Total stockholders' equity		$ 5,747,850		$ 5,052,150
Total liabilities and stockholders' equity			$ 10,346,130		$ 8,125,942

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