Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 56 on Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 2041 2012 2011 Retained earnings, January $917,950 $781,050 Net income 207,200 160,000 Dividends: On preferred stock (6,300) (6,300) On common stock (16,800) (16,800) Retained earnings, December 31 $1,102,050 $917,950 Marshall Inc. For the Years Ended December 31, 2012 and 2041 2012 2011 Sales $1,144,640, $1,054,580 Cost of merchandise sold 429,970 395,570 Gross profit $714,670 $659,010 Selling expenses $228,180 $283,710 Administrative expenses 194,370 166,620 Total operating expenses $422,550 $450,330 Income from operations $292,120 $208,680 Other revenue and expense: Other revenue 15,380 13,320 Other expense interest) (72,000) (40,000) Income before income tax expense $235,500 $182,000 Income tax expense 28,300 22,000 Net income $207,200 $160,000 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 2012 2011 Assets Current assets: Cash $199,050 $213,860 Marketable securities 301,270 354,390 Accounts receivable (net) 211,700 197,100 Inventories 160,600 116,800 Prepaid expenses 37,664 42,770 Total current assets $910,284 $924,920 Long-term investments 605,406 277,983 Property, plant, and equipment (net) 1,170,000 1,053,000 $2,685,690 Total assets $2,255,903 Liabilities Current liabilities $293,640 $447,953 Long-term liabilities: Mortgage note payable, 8% $400,000 $0 Bonds payable, 8% 500,000 500,000 Total long-term liabilities $900,000 $500,000 Total liabilities $1,193,640 $947,953 Stockholders' Equity Preferred $0.70 stock, $20 par $180,000 $180,000 Common stock, $10 par 210,000 210,000 Retained earnings 1,102,050 917,950 Total stockholders' equity $1,492,050 $1,307,950 $2,685,690 $2,255,903 Total liabilities and stockholders' equity Determine the following measures for 20Y2, rounding to one decimal place, except for dollar amounts, which should be rou 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