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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
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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