Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 59 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			$1,696,550		$1,430,950
Net income			374,400		293,100
Total			$2,070,950		$1,724,050
Dividends:
	On preferred stock		$11,900		$11,900
	On common stock		15,600		15,600
		Total dividends	$27,500		$27,500
Retained earnings, December 31			$2,043,450		$1,696,550

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$2,625,080		$2,418,670
Cost of goods sold	858,480		789,800
Gross profit	$1,766,600		$1,628,870
Selling expenses	$641,290		$768,820
Administrative expenses	546,290		451,530
Total operating expenses	$1,187,580		$1,220,350
Income from operations	$579,020		$408,520
Other revenue	30,480		26,080
	$609,500		$434,600
Other expense (interest)	184,000		101,600
Income before income tax	$425,500		$333,000
Income tax expense	51,100		39,900
Net income	$374,400		$293,100

Marshall Inc.Comparative Balance SheetDecember 31, 20Y2 and 20Y1 20Y2 20Y1AssetsCurrent assetsCash$641,990$337,180Marketable securities971,660558,750Accounts receivable (net)467,200438,000Inventories350,400262,800Prepaid expenses121,45367,440Total current assets$2,552,703$1,664,170Long-term investments741,542117,771Property, plant, and equipment (net)2,530,0002,277,000Total assets$5,824,245$4,058,941LiabilitiesCurrent liabilities$750,795$362,391Long-term liabilities:Mortgage note payable, 8%$1,030,000$0Bonds payable, 8%1,270,0001,270,000Total long-term liabilities$2,300,000$1,270,000Total liabilities$3,050,795$1,632,391Stockholders' EquityPreferred $0.70 stock, $20 par$340,000$340,000Common stock, $10 par390,000390,000Retained earnings2,043,4501,696,550Total stockholders' equity$2,773,450$2,426,550Total liabilities and stockholders' equity$5,824,245$4,058,941

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 ratio3. Quick ratio4. Accounts receivable turnover5. Number of days' sales in receivablesdays6. Inventory turnover7. Number of days' sales in inventorydays8. Ratio of fixed assets to long-term liabilities9. Ratio of liabilities to stockholders' equity10. Times interest earned11. Asset turnover12. 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 ratio17. Dividends per share of common stock$18. Dividend yield%