Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 58 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			$ 919,875		$ 783,525
Net income			204,400		160,500
Total			$1,124,275		$ 944,025
Dividends:
	On preferred stock		$ 6,300		$ 6,300
	On common stock		17,850		17,850
		Total dividends	$ 24,150		$ 24,150
Retained earnings, December 31			$ 1,100,125		$ 919,875

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 1,324,950		$ 1,220,700
Cost of goods sold	486,910		447,960
Gross profit	$ 838,040		$ 772,740
Selling expenses	$ 284,130		$ 347,780
Administrative expenses	242,030		204,250
Total operating expenses	$526,160		$552,030
Income from operations	$ 311,880		$ 220,710
Other revenue	16,420		14,090
	$ 328,300		$ 234,800
Other expense (interest)	96,000		52,800
Income before income tax	$ 232,300		$ 182,000
Income tax expense	27,900		21,500
Net income	$ 204,400		$ 160,500

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$ 390,380		$ 187,870
	Marketable securities		590,840		311,320
	Accounts receivable (net)		248,200		233,600
	Inventories		189,800		146,000
	Prepaid expenses		73,849		37,570
		Total current assets	$ 1,493,069		$ 916,360
Long-term investments			316,194		130,663
Property, plant, and equipment (net)			1,320,000		1,188,000
Total assets			$ 3,129,263		$ 2,235,023
Liabilities
Current liabilities			$ 439,138		$ 265,148
Long-term liabilities:
	Mortgage note payable, 8%		$ 540,000		$ 0
	Bonds payable, 8%		660,000		660,000
		Total long-term liabilities	$ 1,200,000		$ 660,000
Total liabilities			$ 1,639,138		$ 925,148
Stockholders' Equity
Preferred $0.70 stock, $20 par			$ 180,000		$ 180,000
Common stock, $10 par			210,000		210,000
Retained earnings			1,100,125		919,875
Total stockholders' equity			$ 1,490,125		$ 1,309,875
Total liabilities and stockholders' equity			$ 3,129,263		$ 2,235,023

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		%