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			$ 2,064,300		$ 1,755,000
Net income			441,600		359,500
Total			$ 2,405,500		$ 2,114,500
Dividends
	On preferred stock		$ 7,700		$ 7,700
	On common stock		42,500		42,500
		Total dividends	$ 50,200		$ 50,200
Retained earnings, December 31			$ 2,455,700		$ 2,064,300

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 2,921,460		$ 2,691,700
Cost of goods sold	1,016,160		934,870
Gross profit	$ 1,905,300		$ 1,756,830
Selling expenses	$ 677,050		$ 804,430
Administrative expenses	576,740		472,440
Total operating expenses	1,253,790		1,276,870
Income from operations	$ 651,510		$ 479,960
Other income	34,290		30,640
	$ 685,800		$ 510,600
Other expense (interest)	184,000		101,600
Income before income tax	$ 501,800		$ 409,000
Income tax expense	60,200		49,500
Net income	$ 441,600		$ 359,500

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			Dec. 31, 20Y2		Dec. 31, 20Y1
Assets
Current assets
	Cash		$ 529,660		$ 398,770
	Marketable securities		801,640		660,820
	Accounts receivable (net)		518,300		489,100
	Inventories		394,200		306,600
	Prepaid expenses		100,203		79,750
		Total current assets	$ 2,344,003		$ 1,935,040
Long-term investments			1,347,827		300,559
Property, plant, and equipment (net)			2,760,000		2,484,000
Total assets			$ 6,451,830		$ 4,719,599
Liabilities
Current liabilities			$ 756,130		$ 445,299
Long-term liabilities
	Mortgage note payable, 8 %		$ 1,030,000		$ 0
	Bonds payable, 8 %		1,270,000		1,270,000
		Total long-term liabilities	$ 2,300,000		$ 1,270,000
Total liabilities			$ 3,056,130		$ 1,715,299
Stockholders' Equity
Preferred $ 0.70 stock, $ 40 par			$ 440,000		$ 440,000
Common stock, $ 10 par			500,000		500,000
Retained earnings			2,455,700		2,064,300
	Total stockholders' equity		$ 3,395,700		$ 3,004,300
Total liabilities and stockholders' equity			$ 6,451,830		$ 4,719,599

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		%