Measures of liquidity, Solvency and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 71 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			$ 2,472,725		$ 2,098,375
Net income			570,000		429,800
Total			$ 3,042,725		$ 2,528,175
Dividends
	On preferred stock		$ 7,000		$ 7,000
	On common stock		48,450		48,450
		Total dividends	$ 55,450		$ 55,450
Retained earnings, December 31			$ 2,987,275		$ 2,472,725

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 3,168,200		$ 2,919,000
Cost of goods sold	1,160,700		1,067,840
Gross profit	$ 2,007,500		$ 1,851,160
Selling expenses	$ 649,180		$ 811,860
Administrative expenses	553,010		476,800
Total operating expenses	1,202,190		1,288,660
Income from operations	$ 805,310		$ 562,500
Other income	42,390		35,900
	$ 847,700		$ 598,400
Other expense (interest)	200,000		110,400
Income before income tax	$ 647,700		$ 488,000
Income tax expense	77,700		58,200
Net income	$ 570,000		$ 429,800

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			Dec. 31, 20Y2		Dec. 31, 20Y1
Assets
Current assets
	Cash		$ 477,320		$ 615,980
	Marketable securities		722,420		1,020,750
	Accounts receivable (net)		584,000		547,500
	Inventories		438,000		335,800
	Prepaid expenses		90,302		123,200
		Total current assets	$ 2,312,042		$ 2,643,230
Long-term investments			2,241,053		1,328,675
Property, plant, and equipment (net)			2,750,000		2,475,000
Total assets			$ 7,303,095		$ 6,446,905
Liabilities
Current liabilities			$ 745,820		$ 1,524,180
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			$ 3,245,820		$ 2,904,180
Stockholders' Equity
Preferred $ 0.70 stock, $ 50 par			$ 500,000		$ 500,000
Common stock, $ 10 par			570,000		570,000
Retained earnings			2,987,275		2,472,725
	Total stockholders' equity		$ 4,057,275		$ 3,542,725
Total liabilities and stockholders' equity			$ 7,303,095		$ 6,446,905

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	$ 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	fill in the blank 18	%