Measures of liquidity, Solvency, and profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 53 on December 31, 2012 Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 2011 2012 2011 Retained earnings, January 1 $1,950,500 $1,657,900 Net income 426,000 339,600 Total $2,376,500 $1,997,500 Dividends: On preferred stock $5,600 $5,600 On common stock 41,400 41,400 Total dividends $47,000 $47,000 Retained earnings, December 31 $2,329,500 $1,950,500 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 2011 Sales $2,663,040 $2,453,640 Cost of goods sold 931,480 856,960 Gross profit $1,731,560 $1,596,680 Selling expenses $596,410 $720,000 Administrative expenses 508,060 422,850 Total operating expenses $1,104,470 $1,142,850 Income from operations $627,090 $453,830 Other revenue 33,010 28,970 $660,100 $482,800 Other expense (interest) 176,000 96,800 Income before income tax $484,100 $386,000 Income tax expense 58,100 46,400 Net income $426,000 $339,600 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 2012 2011 Current assets Cash $455,800 $431,410 Marketable securities 689,870 714,900 Accounts receivable (net) 481,800 452,600 Inventories 365,000 277,400 Prepaid expenses 86,235 86,280 Total current assets $2,078,705 $1,962,590 Long-term investments 1,341,345 448,207 Property, plant, and equipment (net) 2,640,000 2,376,000 Total assets $6,060,050 $4,786,797 Liabilities Current liabilities $670,550 $766,297 Long-term liabilities: Mortgage note payable, 8% $990,000 Bonds payable, 8% 1,210,000 1,210,000 Total long-term liabilities $2,200,000 $1,210,000 Total liabilities $2,870,550 $1,976,297 Stockholders' Equity Preferred $0.70 stock, $50 par $400,000 $400,000 Common stock, $10 par 460,000 460,000 Retained earnings 2,329,500 1,950,500 Total stockholders' equity $3,189,500 $2,810,500 Total liabilities and stockholders' equity $6,060,050 $4,786,797 Required: Determine the following measures for 2012, 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. days 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory tumover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 11. Asset turnover days % $ 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 $