Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 63 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			$1,020,100		$863,400
Net income			240,000		176,900
Total			$1,260,100		$1,040,300
Dividends:
	On preferred stock		$7,700		$7,700
	On common stock		12,500		12,500
		Total dividends	$20,200		$20,200
Retained earnings, December 31			$1,239,900		$1,020,100

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$1,456,350		$1,341,770
Cost of goods sold	503,700		463,400
Gross profit	$952,650		$878,370
Selling expenses	$325,290		$403,070
Administrative expenses	277,100		236,730
Total operating expenses	$602,390		$639,800
Income from operations	$350,260		$238,570
Other revenue	18,440		15,230
	$368,700		$253,800
Other expense (interest)	96,000		52,800
Income before income tax	$272,700		$201,000
Income tax expense	32,700		24,100
Net income	$240,000		$176,900

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$208,730		$241,720
	Marketable securities		315,910		400,570
	Accounts receivable (net)		262,800		248,200
	Inventories		189,800		146,000
	Prepaid expenses		39,490		48,340
		Total current assets	$1,016,730		$1,084,830
Long-term investments			792,080		265,097
Property, plant, and equipment (net)			1,440,000		1,296,000
Total assets			$3,248,810		$2,645,927
Liabilities
Current liabilities			$338,910		$495,827
Long-term liabilities:
	Mortgage note payable, 8%		$540,000		$0
	Bonds payable, 8%		660,000		660,000
		Total long-term liabilities	$1,200,000		$660,000
Total liabilities			$1,538,910		$1,155,827
Stockholders' Equity
Preferred $0.70 stock, $20 par			$220,000		$220,000
Common stock, $10 par			250,000		250,000
Retained earnings			1,239,900		1,020,100
Total stockholders' equity			$1,709,900		$1,490,100
Total liabilities and stockholders' equity			$3,248,810		$2,645,927

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	%