Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 55 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			$3,596,125		$3,042,775
Net income			817,600		623,200
Dividends:
	On preferred stock		(13,300)		(13,300)
	On common stock		(56,550)		(56,550)
Retained earnings, December 31			$4,343,875		$3,596,125

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$4,750,110		$4,376,560
Cost of merchandise sold	1,757,110		1,616,540
Gross profit	$2,993,000		$2,760,020
Selling expenses	$971,330		$1,212,470
Administrative expenses	827,430		712,080
Total operating expenses	$1,798,760		$1,924,550
Income from operations	$1,194,240		$835,470
Other revenue and expense:
Other revenue	62,860		53,330
Other expense (interest)	(328,000)		(180,800)
Income before income tax expense	$929,100		$708,000
Income tax expense	111,500		84,800
Net income	$817,600		$623,200

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets:
	Cash		$969,770		$772,430
	Marketable securities		1,467,770		1,280,010
	Accounts receivable (net)		905,200		854,100
	Inventories		686,200		525,600
	Prepaid expenses		183,470		154,490
		Total current assets	$4,212,410		$3,586,630
Long-term investments			1,807,953		364,253
Property, plant, and equipment (net)			5,330,000		4,797,000
Total assets			$11,350,363		$8,747,883
Liabilities
Current liabilities			$1,276,488		$1,261,758
Long-term liabilities:
	Mortgage note payable, 8%		$1,840,000		$0
	Bonds payable, 8%		2,260,000		2,260,000
		Total long-term liabilities	$4,100,000		$2,260,000
Total liabilities			$5,376,488		$3,521,758
Stockholders' Equity
Preferred $0.70 stock, $40 par			$760,000		$760,000
Common stock, $10 par			870,000		870,000
Retained earnings			4,343,875		3,596,125
Total stockholders' equity			$5,973,875		$5,226,125
Total liabilities and stockholders' equity			$11,350,363		$8,747,883

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	$fill in the blank 1
2. Current ratio	fill in the blank 2
3. Quick ratio	fill in the blank 3
4. Accounts receivable turnover	fill in the blank 4
5. Number of days' sales in receivables	fill in the blank 5	days
6. Inventory turnover	fill in the blank 6
7. Number of days' sales in inventory	fill in the blank 7	days
8. Ratio of fixed assets to long-term liabilities	fill in the blank 8
9. Ratio of liabilities to stockholders' equity	fill in the blank 9
10. Times interest earned	fill in the blank 10
11. Asset turnover	fill in the blank 11
12. Return on total assets	fill in the blank 12	%
13. Return on stockholders equity	fill in the blank 13	%
14. Return on common stockholders equity	fill in the blank 14	%
15. Earnings per share on common stock	$fill in the blank 15
16. Price-earnings ratio	fill in the blank 16
17. Dividends per share of common stock	$fill in the blank 17
18. Dividend yield	fill in the blank 18	%