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Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was
Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $67 on December 31, 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 Retained earnings, January 1 Net income Total Dividends: On preferred stock On common stock Total dividends Retained earnings, December 31 20Y2 20Y1 $1,934,150 $1,632,150 444,000 334,300 $2,378,150 $1,966,450 $7,000 $7,000 25,300 25,300 $32,300 $32,300 $2,345,850 $1,934,150 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1
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