Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 65 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			$1,316,550		$1,120,250
Net income			280,000		229,400
Dividends:
	On preferred stock		(9,100)		(9,100)
	On common stock		(24,000)		(24,000)
Retained earnings, December 31			$1,563,450		$1,316,550

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$1,706,375		$1,572,160
Cost of merchandise sold	678,900		624,590
Gross profit	$1,027,475		$947,570
Selling expenses	$330,040		$403,080
Administrative expenses	281,145		236,730
Total operating expenses	$611,185		$639,810
Income from operations	$416,290		$307,760
Other revenue and expense:
Other revenue	21,910		19,640
Other expense (interest)	(120,000)		(66,400)
Income before income tax expense	$318,200		$261,000
Income tax expense	38,200		31,600
Net income	$280,000		$229,400

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets:
	Cash		$230,440		$284,090
	Marketable securities		348,770		470,780
	Accounts receivable (net)		321,200		299,300
	Inventories		248,200		189,800
	Prepaid expenses		43,595		56,820
		Total current assets	$1,192,205		$1,300,790
Long-term investments			1,042,350		251,862
Property, plant, and equipment (net)			1,800,000		1,620,000
Total assets			$4,034,555		$3,172,652
Liabilities
Current liabilities			$411,105		$466,102
Long-term liabilities:
	Mortgage note payable, 8%		$670,000		$0
	Bonds payable, 8%		830,000		830,000
		Total long-term liabilities	$1,500,000		$830,000
Total liabilities			$1,911,105		$1,296,102
Stockholders' Equity
Preferred $0.70 stock, $20 par			$260,000		$260,000
Common stock, $10 par			300,000		300,000
Retained earnings			1,563,450		1,316,550
Total stockholders' equity			$2,123,450		$1,876,550
Total liabilities and stockholders' equity			$4,034,555		$3,172,652

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 requirements, if required. Assume 365 days a year.

1. Working capital	$fill in the blank 1
2. Current ratio	fill in the blank 2
3. Quick ratio	fill in the blank 3
4. Accounts receivable turnover	fill in the blank 4
5. Number of days' sales in receivables	fill in the blank 5	days
6. Inventory turnover	fill in the blank 6
7. Number of days' sales in inventory	fill in the blank 7	days
8. Ratio of fixed assets to long-term liabilities	fill in the blank 8
9. Ratio of liabilities to stockholders' equity	fill in the blank 9
10. Times interest earned	fill in the blank 10
11. Asset turnover	fill in the blank 11
12. Return on total assets	fill in the blank 12	%
13. Return on stockholders equity	fill in the blank 13	%
14. Return on common stockholders equity	fill in the blank 14	%
15. Earnings per share on common stock	$fill in the blank 15
16. Price-earnings ratio	fill in the blank 16
17. Dividends per share of common stock	$fill in the blank 17
18. Dividend yield