Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 62 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 Dividends: On preferred stock 20Y2 20Y1 $2,049,850 $1,724,350 448,000 353,200 (7,700) (7,700) On common stock (20,000) (20,000) Retained earnings, December 31 $2,470,150 $2,049,850 Sales Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 Cost of merchandise sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other revenue and expense: Other revenue 20Y2 20Y1 $2,619,240 $2,413,280 1,086,240 999,340 $1,533,000 $1,413,940 $472,260 $593,150 402,300 348,350 $874,560 $941,500 $658,440 $472,440 34,660 30,160 Other expense (interest) (184,000) (101,600) Income before income tax expense $509,100 $401,000 Income tax expense 61,100 47,800 Net income $448,000 $353,200 Current assets: Cash Marketable securities Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term investments Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Assets 20Y2 20Y1 $573,030 $396,900 867,290 657,710 518,300 489,100 394,200 306,600 108,412 79,380 $2,461,232 $1,929,690 1,488,053 499,866 2,530,000 2,277,000 $6,479,285 $4,706,556 Liabilities Property, plant, and equipment (net) Total assets Current liabilities Long-term liabilities: Liabilities $769,135 $446,706 Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities Total liabilities $1,030,000 $0 1,270,000 1,270,000 $2,300,000 $1,270,000 $3,069,135 $1,716,706 Stockholders' Equity Preferred $0.70 stock, $40 par $440,000 $440,000 Common stock, $10 par 500,000 500,000 Retained earnings 2,470,150 2,049,850 Total stockholders' equity $3,410,150 $2,989,850 Total liabilities and stockholders' equity $6,479,285 $4,706,556 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 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover days 7. Number of days' sales in inventory days 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 11. Asset turnover 12. Return on total assets 13. Return on stockholders' equity 14. Return on common stockholders' equity 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield % % % %