Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 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			$2,542,750		$2,148,250
Net income			600,000		440,000
Total			$3,142,750		$2,588,250
Dividends:
	On preferred stock		$7,700		$7,700
	On common stock		37,800		37,800
		Total dividends	$45,500		$45,500
Retained earnings, December 31			$3,097,250		$2,542,750

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$3,725,555		$3,432,590
Cost of goods sold	1,270,200		1,168,580
Gross profit	$2,455,355		$2,264,010
Selling expenses	$857,110		$1,054,420
Administrative expenses	730,135		619,270
Total operating expenses	$1,587,245		$1,673,690
Income from operations	$868,110		$590,320
Other revenue	45,690		37,680
	$913,800		$628,000
Other expense (interest)	232,000		128,000
Income before income tax	$681,800		$500,000
Income tax expense	81,800		60,000
Net income	$600,000		$440,000

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$635,320		$623,440
	Marketable securities		961,560		1,033,120
	Accounts receivable (net)		649,700		613,200
	Inventories		481,800		365,000
	Prepaid expenses		120,195		124,690
		Total current assets	$2,848,575		$2,759,450
Long-term investments			1,798,200		838,918
Property, plant, and equipment (net)			3,480,000		3,132,000
Total assets			$8,126,775		$6,730,368
Liabilities
Current liabilities			$949,525		$1,407,618
Long-term liabilities:
	Mortgage note payable, 8%		$1,300,000		$0
	Bonds payable, 8%		1,600,000		1,600,000
		Total long-term liabilities	$2,900,000		$1,600,000
Total liabilities			$3,849,525		$3,007,618
Stockholders' Equity
Preferred $0.70 stock, $50 par			$550,000		$550,000
Common stock, $10 par			630,000		630,000
Retained earnings			3,097,250		2,542,750
Total stockholders' equity			$4,277,250		$3,722,750
Total liabilities and stockholders' equity			$8,126,775		$6,730,368

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		%