Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 60 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 $1,943,600 $1,640,700 Net income 426,000 336,100 Total $2,369,600 $1,976,800 Dividends: On preferred stock $5,600 $5,600 27,600 On common stock 27,600 Total dividends $33,200 $33,200 $2,336,400 Retained earnings, December 31 $1,943,600 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 $2,582,740 Sales Cost of goods sold $2,379,610 789,800 858,480 Gross profit $1,724,260 $1,589,810 Selling expenses $725,620 $604,780 515,190 Administrative expenses 426,150 Total operating expenses $1,119,970 $1,151,770 Income from operations $604,290 $438,040 Other revenue 31,810 27,960 $636,100 $466,000 Other expense (interest) 152,000 84,000 Income before income tax $484,100 $382,000 Income tax expense 58,100 45,900 Net income $426,000 $336,100 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 20Y2 20Y1 Assets Current assets Cash $453,910 Marketable securities 686,990 $426,110 706,140 430,700 262,800 Accounts receivable (net) 459,900 Inventories 350,400 85,872 Prepaid expenses 85,220 Total current assets $2,037,072 Long-term investments $1,910,970 526,924 2,223,000 1,246,448 2,470,000 $5,753,520 Property, plant, and equipment (net) Total assets $4,660,894 Liabilities Current liabilities $657,120 $807,294 Long-term liabilities: Mortgage note payable, 8% $0 Bonds payable, 8% $850,000 1,050,000 $1,900,000 1,050,000 Total long-term liabilities $1,050,000 Total liabilities $2,557,120 $1,857,294 Stockholders' Equity Preferred $0.70 stock, $50 par Common stock, $10 par $400,000 460,000 $400,000 460,000 1,943,600 Retained earnings 2,336,400 Total stockholders' equity $3,196,400 $2,803,600 Total liabilities and stockholders' equity $5,753,520 $4,660,894 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