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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 $82.60

image text in transcribedimage text in transcribedimage text in transcribed Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2. Marshall Inc. Comparative Income Statement For the Years Ended December 31. 20Y2 and 20Y1 TotaloperatingexpensesOperatingincomeOtherrevenueandexpense:OtherrevenueOtherexpense(interest)IncomebeforeincometaxexpenseIncometaxexpenseNetincome$(3,797,500)$1,052,50099,500(132,000)$1,020,000(420,000)$600,000$(3,500,000)$1,050,00020,000(120,000)$950,000(400,000)$550,000 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Determine the following measures for 20Y2. Round to one decimal place, including p amounts, which should be rounded to the nearest cent

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