Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 65 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			$1,173,375		$995,425
Net income			259,200		203,900
Total			$1,432,575		$1,199,325
Dividends:
	On preferred stock		$8,400		$8,400
	On common stock		17,550		17,550
		Total dividends	$25,950		$25,950
Retained earnings, December 31			$1,406,625		$1,173,375

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$1,622,790		$1,495,130
Cost of goods sold	611,010		562,130
Gross profit	$1,011,780		$933,000
Selling expenses	$341,930		$416,290
Administrative expenses	291,280		244,490
Total operating expenses	$633,210		$660,780
Income from operations	$378,570		$272,220
Other revenue	19,930		17,380
	$398,500		$289,600
Other expense (interest)	104,000		57,600
Income before income tax	$294,500		$232,000
Income tax expense	35,300		28,100
Net income	$259,200		$203,900

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$329,810		$258,110
	Marketable securities		499,170		427,720
	Accounts receivable (net)		292,000		277,400
	Inventories		219,000		175,200
	Prepaid expenses		62,398		51,620
		Total current assets	$1,402,378		$1,190,050
Long-term investments			549,210		191,506
Property, plant, and equipment (net)			1,690,000		1,521,000
Total assets			$3,641,588		$2,902,556
Liabilities
Current liabilities			$424,963		$499,181
Long-term liabilities:
	Mortgage note payable, 8%		$580,000		$0
	Bonds payable, 8%		720,000		720,000
		Total long-term liabilities	$1,300,000		$720,000
Total liabilities			$1,724,963		$1,219,181
Stockholders' Equity
Preferred $0.70 stock, $20 par			$240,000		$240,000
Common stock, $10 par			270,000		270,000
Retained earnings			1,406,625		1,173,375
Total stockholders' equity			$1,916,625		$1,683,375
Total liabilities and stockholders' equity			$3,641,588		$2,902,556

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		%