Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 67 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 2011 Retained earnings, January 1 $1,698,175 $1,443,625 Net income 384,800 295,700 Total $2,082,975 $1,739,325 Dividends: On preferred stock $11,900 $11,900 On common stock 29,250 29,250 Total dividends $41,150 $41,150 Retained earnings, December 31 $2,041,825 $1,698,175 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 , 20Y2 2011 Sales $2,148,025 $1,979,120 Cost of goods sold 783,290 720,630 Gross profit $1,364,735 $1,258,490 $549,330 Selling expenses Administrative expenses Total operating expenses $442,860 377,245 322,630 $820,105 $871,960 Income from operations $544,630 $386,530 Other revenue 28,670 24,670 $573,300 $411,200 Other expense (interest) 136,000 75,200 Income before income tax $437,300 $336,000 Income tax expense 40,300 52,500 $384,800 Net income $295,700 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 , 20Y2 2011 Assets Current assets Cash $388,970 $392,160 Marketable securities 588,710 649,860 Accounts receivable (net) 401,500 379,600 Inventories 306,600 233,600 Prepaid expenses 73,584 78,430 Total current assets $1,759,364 $1,733,650 Assets Current assets Cash $388,970 $392,150 649,860 Marketable securities 598,710 401,500 Accounts receivable (net) 379,600 233,600 Inventories 306,500 73,584 79,430 $1,759,364 Prepaid expenses Total current assets Long-term Investments Property, plent, and equipment (net) 1,359,921 1,870,000 $4,999,285 $1,733,650 811,764 1,683,000 Total assets $4,228,414 Liabilities Current liabilities $517,160 $860,239 $0 $750,000 940,000 $1,700,000 940,000 $940,000 Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities Total liabilities Stockholders' Equity Preferred $0.70 stock, $20 par Common stuck, $10 per $2,217,460 $1,800,239 $340,000 $340,000 390,000 2,041,825 390,000 1,698,175 Retained camings Total stockholders' equity Total liabilities and stockholders' equity $2,771,825 $2,428,175 $4,999,285 $4,228,414 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 ratia days 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory tumover 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 9 14. Return on common stockholders' equity % 15. Earnings per share on common stock $ 16. Price-eamings ratio $ 17. Dividends per share of common stock 18. Dividend yield 4