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, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Retained earnings, January 1 Net income Total Dividends $3,089,300 2,605,500 533,600 $3,780,500 $3,139,100 691,200 On preferred stock $9,100 9,100 40,700 49,80049,800 Retained earnings, December 31 3,730,700 $3,089,300 On common stock 40,700 Total dividends Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from oper Other revenue 4,430,005 4,081,600 1,466,770 $2,835,685 $ 2,614,830 $951,840 1,176,190 690,780 $1,762,665 $1,866,970 $ 747,860 47,740 795,600 189,600 606,000 72,400 $533,600 1,594,320 810,825 $1,073,020 56,480 $1,129,500 344,000 $785,500 94,300 691,200 ations Other expense (interest) Income before income tax Income tax expense Net income Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets Current assets Cash Marketable securities Accounts receivable (net) $972,280 $700,460 1,471,560 1,160,770 861,400 810,300 642,400 496,400 183,947 140,090 Prepaid expenses $4,131,587 1,461,883 5,160,000 Total current assets Long-term investments Property, plant, and equipment (net) 3,308,020 116,328 4,644,000 Total assets 10,753,470 8,068,348 Liabilities Current liabilities 1,332,770 1,219,048 Long-term liabilities Mortgage note payable, 896 Bonds payable, 896 $1,930,000 2,370,000 2,370,000 Total long-term liabilities 4,300,000 2,370,000 Total liabilities 5,632,770 3,589,048 Stockholders' Equity Preferred $0.70 stock, $50 par Common stock, $10 par Retained earnings 650,000 650,000 740,000 740,000 3,730,700 3,089,300 Total stockholders' equity $5,120,700 4,479,300 Total liabilities and stockholders equity 10,753,470 8,068,348 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 2,798,81 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 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 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 3.1 5.3 days days 1.1 3.28X 0.5 8.121 x % $