Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 59 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			$3,892,350		$3,277,750
Net income			852,000		671,300
Total			$4,744,350		$3,949,050
Dividends:
	On preferred stock		$11,200		$11,200
	On common stock		45,500		45,500
		Total dividends	$56,700		$56,700
Retained earnings, December 31			$4,687,650		$3,892,350

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$4,809,240		$4,430,970
Cost of goods sold	1,878,290		1,728,030
Gross profit	$2,930,950		$2,702,940
Selling expenses	$925,970		$1,149,150
Administrative expenses	788,790		674,890
Total operating expenses	$1,714,760		$1,824,040
Income from operations	$1,216,190		$878,900
Other revenue	64,010		56,100
	$1,280,200		$935,000
Other expense (interest)	312,000		172,000
Income before income tax	$968,200		$763,000
Income tax expense	116,200		91,700
Net income	$852,000		$671,300

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$712,820		$871,660
	Marketable securities		1,078,870		1,444,460
	Accounts receivable (net)		919,800		861,400
	Inventories		686,200		525,600
	Prepaid expenses		134,858		174,330
		Total current assets	$3,532,548		$3,877,450
Long-term investments			3,693,222		1,718,753
Property, plant, and equipment (net)			4,290,000		3,861,000
Total assets			$11,515,770		$9,457,203
Liabilities
Current liabilities			$1,218,120		$1,704,853
Long-term liabilities:
	Mortgage note payable, 8%		$1,750,000		$0
	Bonds payable, 8%		2,150,000		2,150,000
		Total long-term liabilities	$3,900,000		$2,150,000
Total liabilities			$5,118,120		$3,854,853
Stockholders' Equity
Preferred $0.70 stock, $50 par			$800,000		$800,000
Common stock, $10 par			910,000		910,000
Retained earnings			4,687,650		3,892,350
Total stockholders' equity			$6,397,650		$5,602,350
Total liabilities and stockholders' equity			$11,515,770		$9,457,203

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	%