Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall 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			$3,881,950		$3,301,650
Net income			912,000		676,200
Dividends:
	On preferred stock		(14,000)		(14,000)
	On common stock		(81,900)		(81,900)
Retained earnings, December 31			$4,698,050		$3,881,950

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$5,409,300		$4,983,820
Cost of merchandise sold	2,124,300		1,954,360
Gross profit	$3,285,000		$3,029,460
Selling expenses	$1,020,610		$1,313,050
Administrative expenses	869,410		771,150
Total operating expenses	$1,890,020		$2,084,200
Income from operations	$1,394,980		$945,260
Other revenue and expense:
Other revenue	73,420		60,340
Other expense (interest)	(432,000)		(237,600)
Income before income tax expense	$1,036,400		$768,000
Income tax expense	124,400		91,800
Net income	$912,000		$676,200

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets:
	Cash		$1,258,090		$976,750
	Marketable securities		1,904,130		1,618,620
	Accounts receivable (net)		1,073,100		1,007,400
	Inventories		803,000		613,200
	Prepaid expenses		238,016		195,350
		Total current assets	$5,276,336		$4,411,320
Long-term investments			1,700,569		515,991
Property, plant, and equipment (net)			6,480,000		5,832,000
Total assets			$13,456,905		$10,759,311
Liabilities
Current liabilities			$1,648,855		$2,197,361
Long-term liabilities:
	Mortgage note payable, 8%		$2,430,000		$0
	Bonds payable, 8%		2,970,000		2,970,000
		Total long-term liabilities	$5,400,000		$2,970,000
Total liabilities			$7,048,855		$5,167,361
Stockholders' Equity
Preferred $0.70 stock, $40 par			$800,000		$800,000
Common stock, $10 par			910,000		910,000
Retained earnings			4,698,050		3,881,950
Total stockholders' equity			$6,408,050		$5,591,950
Total liabilities and stockholders' equity			$13,456,905		$10,759,311

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	%