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Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inci are as follows. The market price of Marshall common stock was $64
Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inci are as follows. The market price of Marshall common stock was $64 on December 31,20z2. Marshall Inc. Comparative Income Statement Marshall Inc. Comparative Balance Sheet December 31,20Y2 and 20Y1 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y220Y1 Assets Current assets: \begin{tabular}{lrr} Cash & $1,273,870 & $778,960 \\ Marketable securities & 1,928,010 & 1,290,850 \\ Accounts recelvable (net) & 1,073,100 & 1,007,400 \\ Inventories & 803,000 & 613,200 \\ Prepaid expenses & 241,000 & 155,790 \\ Total current assets & $5,318,980 & $3,840,200 \\ Long-term investments & 2,244,820 & 287,775 \\ Property, plant, and equipment (net) & 5,830,000 & 5,247,000 \\ \hline Total assets & $13,393,800 & $9,380,975 \\ \hline \end{tabular} Liabilities Current liabilities $1,715,800$838,975 Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities Total liabilities Stockholders' Equity 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
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