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			$3,336,100		$2,803,700
Net income			769,600		574,200
Dividends:
	On preferred stock		(9,800)		(9,800)
	On common stock		(32,000)		(32,000)
Retained earnings, December 31			$4,063,900		$3,336,100

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$4,516,875		$4,161,620
Cost of merchandise sold	1,553,440		1,429,160
Gross profit	$2,963,435		$2,732,460
Selling expenses	$995,690		$1,235,730
Administrative expenses	848,175		725,740
Total operating expenses	$1,843,865		$1,961,470
Income from operations	$1,119,570		$770,990
Other revenue and expense:
Other revenue	58,930		49,210
Other expense (interest)	(304,000)		(167,200)
Income before income tax expense	$874,500		$653,000
Income tax expense	104,900		78,800
Net income	$769,600		$574,200

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets:
	Cash		$928,770		$837,000
	Marketable securities		1,405,700		1,387,020
	Accounts receivable (net)		846,800		795,700
	Inventories		627,800		481,800
	Prepaid expenses		175,713		167,400
		Total current assets	$3,984,783		$3,668,920
Long-term investments			2,026,627		1,175,670
Property, plant, and equipment (net)			4,560,000		4,104,000
Total assets			$10,571,410		$8,948,590
Liabilities
Current liabilities			$1,207,510		$2,022,490
Long-term liabilities:
	Mortgage note payable, 8%		$1,710,000		$0
	Bonds payable, 8%		2,090,000		2,090,000
		Total long-term liabilities	$3,800,000		$2,090,000
Total liabilities			$5,007,510		$4,112,490
Stockholders' Equity
Preferred $0.70 stock, $50 par			$700,000		$700,000
Common stock, $10 par			800,000		800,000
Retained earnings			4,063,900		3,336,100
Total stockholders' equity			$5,563,900		$4,836,100
Total liabilities and stockholders' equity			$10,571,410		$8,948,590

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	%