Measures of liquidity, Solvency and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 57 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			$ 3,610,950		$ 3,055,750
Net income			828,800		625,900
Total			$ 4,298,350		$ 3,681,650
Dividends
	On preferred stock		$ 10,500		$ 10,500
	On common stock		60,200		60,200
		Total dividends	$ 70,700		$ 70,700
Retained earnings, December 31			$ 4,369,050		$ 3,610,950

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 5,477,920		$ 5,047,100
Cost of goods sold	1,947,640		1,791,830
Gross profit	$ 3,530,280		$ 3,255,270
Selling expenses	$ 1,218,010		$ 1,499,480
Administrative expenses	1,037,560		880,650
Total operating expenses	2,255,570		2,380,130
Income from operations	$ 1,274,710		$ 875,140
Other income	67,090		55,860
	$ 1,341,800		$ 931,000
Other expense (interest)	400,000		220,000
Income before income tax	$ 941,800		$ 711,000
Income tax expense	113,000		85,100
Net income	$ 828,800		$ 625,900

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			Dec. 31, 20Y2		Dec. 31, 20Y1
Assets
Current assets
	Cash		$ 1,038,430		$ 755,220
	Marketable securities		1,571,680		1,251,510
	Accounts receivable (net)		1,007,400		949,000
	Inventories		759,200		584,000
	Prepaid expenses		196,460		151,040
		Total current assets	$ 4,573,170		$ 3,690,770
Long-term investments			2,482,835		361,120
Property, plant, and equipment (net)			5,500,000		4,950,000
Total assets			$ 12,556,005		$ 9,001,890
Liabilities
Current liabilities			$ 1,576,955		$ 1,030,940
Long-term liabilities
	Mortgage note payable, 8 %		$ 2,250,000		$ 0
	Bonds payable, 8 %		2,750,000		2,750,000
		Total long-term liabilities	$ 5,000,000		$ 2,750,000
Total liabilities			$ 6,576,955		$ 3,780,940
Stockholders' Equity
Preferred $ 0.70 stock, $ 50 par			$ 750,000		$ 750,000
Common stock, $ 10 par			860,000		860,000
Retained earnings			4,369,050		3,610,950
	Total stockholders' equity		$ 5,979,050		$ 5,220,950
Total liabilities and stockholders' equity			$ 12,556,005		$ 9,001,890

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		%