Measures of liquidity, Solvency and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 69 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 $ 3,878,275 $ 3,292,425 Net income 912,000 674,400 Total $4,790,275 $ 3,966,825 Dividends: On preferred stock $ 11,200 $ 11,200 On common stock 77,350 77,350 Total dividends $ 88,550 $ 88,550 Retained earnings, December 31 $ 4,701,725 $ 3,878,275 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $ 4,987,360 $ 4,595,090 Cost of goods sold 1,878,290 1,728,030 Gross profit $ 3,109,070 $ 2,867,060 Selling expenses $ 987,170 $ 1,250,760 Administrative expenses 840,920 734,580 Total operating expenses 1,828,090 1,985,340 Income from operations $ 1,280,980 $ 881,720 Other revenue 67,420 56,280 $ 1,348,400 $ 938,000 Other expense (interest) 312,000 172,000 Income before income tax $ 1,036,400 $ 766,000 Income tax expense 124,400 91,600 Net income $ 912,000 $ 674,400 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Current assets Cash $ 815,880 $ 994,900 Marketable securities 1,234,840 1,648,700 Accounts receivable (net) 919,800 861,400 Inventories 686,200 525,600 Prepaid expenses 154,358 198,980 Total current assets $ 3,811,078 $ 4,229,580 Long-term investments 3,050,027 1,874,458 Property, plant, and equipment (net) 4,680,000 4,212,000 Total assets $ 11,541,105 $ 10,316,038 Liabilities Current liabilities $ 1,229,380 $ 2,577,763 Long-term liabilities Mortgage note payable, 8 % $ 1,750,000 $ 0 Bonds payable, 8 % 2,150,000 2,150,000 Total long-term liabilities $ 3,900,000 $ 2,150,000 Total liabilities $ 5,129,380 $ 4,727,763 Stockholders' Equity Preferred $ 0.70 stock, $ 50 par $ 800,000 $ 800,000 Common stock, $ 10 par 910,000 910,000 Retained earnings 4,701,725 3,878,275 Total stockholders' equity $ 6,411,725 $ 5,588,275 Total liabilities and stockholders' equity $ 11,541,105 $ 10,316,038 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