Measures of liquidity, Solvency and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 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 $ 2,484,600 $ 2,096,400 Net income 532,000 429,400 Total $3,016,600 $ 2,525,800 Dividends: On preferred stock $ 7,000 $ 7,000 On common stock 34,200 34,200 Total dividends $ 41,200 $ 41,200 Retained earnings, December 31 $ 2,975,400 $ 2,484,600 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $ 3,394,500 $ 3,127,570 Cost of goods sold 1,160,700 1,067,840 Gross profit $ 2,233,800 $ 2,059,730 Selling expenses $ 793,550 $ 943,250 Administrative expenses 675,980 553,980 Total operating expenses 1,469,530 1,497,230 Income from operations $ 764,270 $ 562,500 Other revenue 40,230 35,900 $ 804,500 $ 598,400 Other expense (interest) 200,000 110,400 Income before income tax $ 604,500 $ 488,000 Income tax expense 72,500 58,600 Net income $ 532,000 $ 429,400 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Current assets Cash $ 439,180 $ 538,570 Marketable securities 664,700 892,480 Accounts receivable (net) 584,000 547,500 Inventories 438,000 335,800 Prepaid expenses 83,080 107,710 Total current assets $ 2,208,960 $ 2,422,060 Long-term investments 2,072,760 785,409 Property, plant, and equipment (net) 3,000,000 2,700,000 Total assets $ 7,281,720 $ 5,907,469 Liabilities Current liabilities $ 736,320 $ 972,869 Long-term liabilities Mortgage note payable, 8 % $ 1,120,000 $ 0 Bonds payable, 8 % 1,380,000 1,380,000 Total long-term liabilities $ 2,500,000 $ 1,380,000 Total liabilities $ 3,236,320 $ 2,352,869 Stockholders' Equity Preferred $ 0.70 stock, $ 50 par $ 500,000 $ 500,000 Common stock, $ 10 par 570,000 570,000 Retained earnings 2,975,400 2,484,600 Total stockholders' equity $ 4,045,400 $ 3,554,600 Total liabilities and stockholders' equity $ 7,281,720 $ 5,907,469 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 %