Measures of liquidity, solvency, and profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2.

Marshall Inc.Comparative Retained Earnings StatementFor the Years Ended December 31, 20Y2 and 20Y120Y220Y1Retained earnings, January 1$3,704,000$3,264,000Net income$ 600,000$ 550,000Dividends:On preferred stock(10,000)(10,000)On common stock(100,000)(100,000)Increase in retained earnings$ 490,000$ 440,000Retained earnings, December 31$4,194,000$3,704,000

Marshall Inc.Comparative Income StatementFor the Years Ended December 31, 20Y2 and 20Y120Y220Y1Sales$ 10,850,000$10,000,000Cost of goods sold(6,000,000)(5,450,000)Gross profit$ 4,850,000$ 4,550,000Selling expenses$ (2,170,000)$ (2,000,000)Administrative expenses(1,627,500)(1,500,000)Total operating expenses$(3,797,500)$ (3,500,000)Operating income$ 1,052,500$ 1,050,000Other revenue and expense:Other revenue99,50020,000Other expense (interest)(132,000)(120,000)Income before income tax expense$ 1,020,000$ 950,000Income tax expense(420,000)(400,000)Net income$ 600,000$ 550,000

Marshall Inc.Comparative Balance SheetDecember 31, 20Y2 and 20Y120Y220Y1AssetsCurrent assets:Cash$1,050,000$ 950,000Marketable securities301,000420,000Accounts receivable (net)585,000500,000Inventories420,000380,000Prepaid expenses108,00020,000Total current assets$ 2,464,000$2,270,000Long-term investments800,000800,000Property, plant, and equipment (net)5,760,0005,184,000Total assets$ 9,024,000$8,254,000LiabilitiesCurrent liabilities$ 880,000$ 800,000Long-term liabilities:Mortgage note payable, 6%$ 200,000$ 0Bonds payable, 4%3,000,0003,000,000Total long-term liabilities$ 3,200,000$3,000,000Total liabilities$ 4,080,000$3,800,000Stockholders' EquityPreferred 4% stock, $5 par$ 250,000$ 250,000Common stock, $5 par500,000500,000Retained earnings4,194,0003,704,000Total stockholders' equity$ 4,944,000$4,454,000Totalliabilities andstockholders' equity$ 9,024,000$8,254,000

Determine the following measures for 20Y2. Round to one decimal place, including percentages, except for per-share amounts, which should be rounded to the nearest cent.