Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 67 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			$1,698,175		$1,443,625
Net income			384,800		295,700
Total			$2,082,975		$1,739,325
Dividends:
	On preferred stock		$11,900		$11,900
	On common stock		29,250		29,250
		Total dividends	$41,150		$41,150
Retained earnings, December 31			$2,041,825		$1,698,175

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$2,148,025		$1,979,120
Cost of goods sold	783,290		720,630
Gross profit	$1,364,735		$1,258,490
Selling expenses	$442,860		$549,330
Administrative expenses	377,245		322,630
Total operating expenses	$820,105		$871,960
Income from operations	$544,630		$386,530
Other revenue	28,670		24,670
	$573,300		$411,200
Other expense (interest)	136,000		75,200
Income before income tax	$437,300		$336,000
Income tax expense	52,500		40,300
Net income	$384,800		$295,700

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$388,970		$392,160
	Marketable securities		588,710		649,860
	Accounts receivable (net)		401,500		379,600
	Inventories		306,600		233,600
	Prepaid expenses		73,584		78,430
		Total current assets	$1,759,364		$1,733,650
Long-term investments			1,359,921		811,764
Property, plant, and equipment (net)			1,870,000		1,683,000
Total assets			$4,989,285		$4,228,414
Liabilities
Current liabilities			$517,460		$860,239
Long-term liabilities:
	Mortgage note payable, 8%		$760,000		$0
	Bonds payable, 8%		940,000		940,000
		Total long-term liabilities	$1,700,000		$940,000
Total liabilities			$2,217,460		$1,800,239
Stockholders' Equity
Preferred $0.70 stock, $20 par			$340,000		$340,000
Common stock, $10 par			390,000		390,000
Retained earnings			2,041,825		1,698,175
Total stockholders' equity			$2,771,825		$2,428,175
Total liabilities and stockholders' equity			$4,989,285		$4,228,414

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	%