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 $ 52 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 $ 881,575 $ 749,925 Net income 198,800 153,600 Total $ 1,036,475 $ 903,525 Dividends On preferred stock $ 7,000 $ 7,000 On common stock 14,950 14,950 Total dividends $ 21,950 $ 21,950 Retained earnings, December 31 $ 1,058,425 $ 881,575 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $ 1,226,400 $ 1,129,920 Cost of goods sold 459,900 423,110 Gross profit $ 766,500 $ 706,810 Selling expenses $ 256,990 $ 315,600 Administrative expenses 218,910 185,350 Total operating expenses 475,900 500,950 Income from operations $ 290,600 $ 205,860 Other income 15,300 13,140 $ 305,900 $ 219,000 Other expense (interest) 80,000 44,000 Income before income tax $ 225,900 $ 175,000 Income tax expense 27,100 21,400 Net income $ 198,800 $ 153,600 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Current assets Cash $ 253,510 $ 188,520 Marketable securities 383,690 312,410 Accounts receivable (net) 226,300 211,700 Inventories 175,200 131,400 Prepaid expenses 47,966 37,700 Total current assets $ 1,086,666 $ 881,730 Long-term investments 441,342 98,833 Property, plant, and equipment (net) 1,300,000 1,170,000 Total assets $ 2,828,008 $ 2,150,563 Liabilities Current liabilities $ 339,583 $ 288,988 Long-term liabilities Mortgage note payable, 8 % $ 450,000 $ 0 Bonds payable, 8 % 550,000 550,000 Total long-term liabilities $ 1,000,000 $ 550,000 Total liabilities $ 1,339,583 $ 838,988 Stockholders' Equity Preferred $ 0.70 stock, $ 20 par $ 200,000 $ 200,000 Common stock, $ 10 par 230,000 230,000 Retained earnings 1,058,425 881,575 Total stockholders' equity $ 1,488,425 $ 1,311,575 Total liabilities and stockholders' equity $ 2,828,008 $ 2,150,563 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 %