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Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $

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Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 61 on December 31, 2072. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 2041 20Y2 2011 Retained earnings, January 1 $2,453,000 $2,077,800 Net income 524,400 425,600 Total $2,977,400 $2,503,400 Dividends: On preferred stock $9,100 $9,100 On common stock 41,300 41,300 Total dividends $50,400 $50,400 Retained earnings, December 31 $2,927,000 $2,453,000 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 2041 20Y2 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses Income from operations Other revenue $2,941,900 1,122,010 $1,819,890 $574,450 489,340 $1,063,790 $756,100 39,800 $795,900 200,000 $595,900 71,500 $524,400 2011 $2,710,540 1,032,250 $1,678,290 $705,320 414,230 $1,119,550 $558,740 35,660 $594,400 110,400 $484,000 58,400 $425,600 Other expense (interest) Income before income tax Income tax expense Net Income Marshall Inc. Comparative Balance Sheet December 31, 2012 and 2041 ova 20 Currentes 553,700 $530,110 Marketable securities 891.740 Accounts receivable (net) 584.000 335.000 Prepaid 102,100 102.4620 Total current sets 52,480,640 $2,420,790 Long-term investments 783,539 Property, plant, and equipment (net) 3,000,000 2,700.000 Total $7,266,600 $5,904,100 Liabilities Current liabilities $728.400 $961,109 Long-term bies Mortgage note payable, 51,120,000 Bonds payable 1,380,000 1,380,000 Total long-term ibis 12,500,000 $1,300,000 53,225,600 $2,341,100 Stockholders' Equity Preferred 10.70 stock, 140 $520,000 550.000 Common ok. 10 per 590,000 500.000 Retained earning 2,527,000 2,453,000 34,037,000 $3,563.000 Totallaties and stockholders equity 37,266,600 55,104,309 Required: Determine the following measures for 2012, runding to ore decimal place, except for dolar amounts, which should be rounded to the nearest cont. Use the rounded answer of the requirement for entrevirement required. Assume 365 days a year 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, irrequired. 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 tumover 7. Number of days sales in inventory days 8. Ratio of fixed assets to long-term liabilities 9. Ratio of abilities 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.ice-earnings ratio 17. Dividends per share of common stock 18. Dividend yield

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