Measures of liquidity, Solvency and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 63 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			$ 4,510,950		$ 3,795,450
Net income			980,000		777,400
Total			$ 5,490,950		$ 4,572,850
Dividends
	On preferred stock		$ 13,300		$ 13,300
	On common stock		48,600		48,600
		Total dividends	$ 61,900		$ 61,900
Retained earnings, December 31			$ 5,429,050		$ 4,510,950

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 5,409,300		$ 4,983,820
Cost of goods sold	2,053,490		1,889,210
Gross profit	$ 3,355,810		$ 3,094,610
Selling expenses	$ 1,056,180		$ 1,309,200
Administrative expenses	899,710		768,890
Total operating expenses	1,955,890		2,078,090
Income from operations	$ 1,399,920		$ 1,016,520
Other income	73,680		64,880
	$ 1,473,600		$ 1,081,400
Other expense (interest)	360,000		198,400
Income before income tax	$ 1,113,600		$ 883,000
Income tax expense	133,600		105,600
Net income	$ 980,000		$ 777,400

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			Dec. 31, 20Y2		Dec. 31, 20Y1
Assets
Current assets
	Cash		$ 1,151,630		$ 879,630
	Marketable securities		1,743,010		1,457,660
	Accounts receivable (net)		1,073,100		1,007,400
	Inventories		803,000		613,200
	Prepaid expenses		217,876		175,930
		Total current assets	$ 4,988,616		$ 4,133,820
Long-term investments			2,587,674		683,662
Property, plant, and equipment (net)			5,850,000		5,265,000
Total assets			$ 13,426,290		$ 10,082,482
Liabilities
Current liabilities			$ 1,467,240		$ 1,061,532
Long-term liabilities
	Mortgage note payable, 8 %		$ 2,020,000		$ 0
	Bonds payable, 8 %		2,480,000		2,480,000
		Total long-term liabilities	$ 4,500,000		$ 2,480,000
Total liabilities			$ 5,967,240		$ 3,541,532
Stockholders' Equity
Preferred $ 0.70 stock, $ 50 par			$ 950,000		$ 950,000
Common stock, $ 10 par			1,080,000		1,080,000
Retained earnings			5,429,050		4,510,950
	Total stockholders' equity		$ 7,459,050		$ 6,540,950
Total liabilities and stockholders' equity			$ 13,426,290		$ 10,082,482

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	$
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days' sales in receivables		days
6. Inventory turnover
7. Number of days' sales in inventory		days
8. Ratio of fixed assets to long-term liabilities
9. Ratio of liabilities 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. Price-earnings ratio
17. Dividends per share of common stock	$
18. Dividend yield		%