Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 66 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			$2,834,600		$2,404,800
Net income			633,600		492,600
Total			$3,468,200		$2,897,400
Dividends:
	On preferred stock		$8,400		$8,400
	On common stock		54,400		54,400
		Total dividends	$62,800		$62,800
Retained earnings, December 31			$3,405,400		$2,834,600

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$3,744,900		$3,450,330
Cost of goods sold	1,470,950		1,353,270
Gross profit	$2,273,950		$2,097,060
Selling expenses	$727,250		$906,140
Administrative expenses	619,500		532,170
Total operating expenses	$1,346,750		$1,438,310
Income from operations	$927,200		$658,750
Other revenue	48,800		42,050
	$976,000		$700,800
Other expense (interest)	256,000		140,800
Income before income tax	$720,000		$560,000
Income tax expense	86,400		67,400
Net income	$633,600		$492,600

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$626,520		$603,810
	Marketable securities		948,240		1,000,610
	Accounts receivable (net)		715,400		671,600
	Inventories		540,200		408,800
	Prepaid expenses		118,534		120,760
		Total current assets	$2,948,894		$2,805,580
Long-term investments			2,113,366		581,293
Property, plant, and equipment (net)			3,840,000		3,456,000
Total assets			$8,902,260		$6,842,873
Liabilities
Current liabilities			$1,016,860		$968,273
Long-term liabilities:
	Mortgage note payable, 8%		$1,440,000		$0
	Bonds payable, 8%		1,760,000		1,760,000
		Total long-term liabilities	$3,200,000		$1,760,000
Total liabilities			$4,216,860		$2,728,273
Stockholders' Equity
Preferred $0.70 stock, $50 par			$600,000		$600,000
Common stock, $10 par			680,000		680,000
Retained earnings			3,405,400		2,834,600
Total stockholders' equity			$4,685,400		$4,114,600
Total liabilities and stockholders' equity			$8,902,260		$6,842,873

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	$
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days' sales in receivables		days
6. Inventory turnover
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		%