Measures of liquidity, solvency, and profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2.

Determine the following measures for 20Y2. Round to one decimal place, including percentages, except for per-share amounts, which should be rounded to the nearest cent.

Working Capital	$
Current Ratio
Quick Ratio
Accounts receivable turnover
Number of days' sales in receivables
Inventory turnover
Number of days' sales in inventory
Ratio of fixed assets to long-term liabilities
Times interest earned
Asset turnover	%
Return on total assets	%
Return on stockholders' equity	%
Earnings per share on common stock	$
Price-earnings ratio
Dividends per share of common stock	$
Dividend yield	%

Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 2041 2012 2011 Retained earnings, January 1 $3,704,000 $3,264,000 Net income $ 600,000 $ 550,000 Dividends: On preferred stock (10,000) (10,000) On common stock (100,000) (100,000) Increase in retained earnings $ 490,000 $ 440,000 Retained earnings, December 31 $4,194,000 $3,704,000 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 2011 Sales $ 10,850,000 $10,000,000 Cost of goods sold (6,000,000) (5,450,000) Gross profit $ 4,850,000 $ 4,550,000 Selling expenses $ (2,170,000) $2,000,000) Administrative expenses (1,627,500) (1,500,000) Total operating expenses $(3,797,500) $ (3,500,000) Operating income $ 1,052,500 $ 1,050,000 Other revenue and expense: Other revenue 99,500 20,000 Other expense (interest) (132,000) (120,000) Income before income tax expense $ 1,020,000 $ 950,000 Income tax expense (420,000) (400,000) Net income $ 600,000 $ 550,000 2041 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 2042 Assets Current assets: Cash $1,050,000 Marketable securities 301,000 Accounts receivable (net) 585,000 Inventories 420,000 Prepaid expenses 108,000 Total current assets $ 2,464,000 Long-term investments 800,000 Property, plant, and equipment (net) 5,760,000 Total assets $ 9,024,000 Liabilities Current liabilities $ 880,000 Long-term liabilities: Mortgage note payable, 6% $ 200,000 Bonds payable, 4% 3,000,000 Total long-term liabilities $ 3,200,000 Total liabilities $ 4,080,000 Stockholders' Equity Preferred 4% stock, $5 par $ 250,000 Common stock, $5 par 500,000 Retained earnings 4,194,000 Total stockholders' equity $ 4,944,000 Total liabilities and stockholders' equity $ 9,024,000 $950,000 420,000 500,000 380,000 20,000 $2,270,000 800,000 5,184,000 $8,254,000 $800,000 $0 3,000,000 $3,000,000 $3,800,000 $250,000 500,000 3,704,000 $4,454,000 $8,254,000