Measures of liquidity, solvency, and profitability The comparative financial statements of Marshall Inc, are as follows. The market price of Marshall cornmon stock was 382.60 on December 31 , 20Y2. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended Dacamhar 31. Javo and Jnvi Marshall Inc. Comparative Income Statement Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20 Y1 \begin{tabular}{lrr} \hline & \multicolumn{1}{c}{ 20Y2 } & \multicolumn{1}{c}{ 20Y1 } \\ \hline Sales & $10,850,000 & $10,000,000 \\ Cost of goods sold & (6,000,000) & (5,450,000) \\ Gross profit & $4,850,000 & $4,550,000 \\ \hline Selling expenses & $(2,170,000) & $(2,000,000) \\ Administrative expenses & (1,627,500) & (1,500,000) \\ Total operating expenses & $(3,797,500) & $(3,500,000) \\ Operating income & $1,052,500 & $1,050,000 \\ Other revenue and expense: & & \\ \multicolumn{1}{l|}{ Other revenue } & & \\ Other expense (interest) & (132,000) & (120,000) \\ \hline Income before income tax expense & $1,020,000 & $950,000 \\ Income tax expense & (420,000) & (400,000) \\ Net income & $600,000 & $550,000 \\ \cline { 2 - 4 } \end{tabular} Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y220Y1 Assets Current assets: \begin{tabular}{lrr} Cash & $1,050,000 & $950,000 \\ Marketable securities & 301,000 & 420,000 \\ Accounts receivable (net) & 585,000 & 500,000 \\ Inventories & 420,000 & 380,000 \\ Prepaid expenses & 108,000 & 20,000 \\ \cline { 2 - 3 } Thtal & th A5A nnn 77n nnn \end{tabular} j percentages, except for per-share amounts, which should be rounded to Total ilabilities '5tockholders' Equity Preferred 4% stock, 55 par Common stock, 45 par Retalned earnings Total stockholders' equity Total tiabilities and stockholders' cquity \begin{tabular}{rr} $4,060,000 & $3,800,000 \\ \hline$250,000 & $250,000 \\ 500,000 & 500,000 \\ 4,194,000 & 3,704,000 \\ \hline$4,944,000 & $4,454,000 \\ \hline$9,024,000 & $8,254,000 \\ \hline \end{tabular} Determine the following measures for 20y2. Round to one decimal place, including percentages, except for per-share amounts, which should be rounded to the nearest cent. 1. Working Capital 2. Current ratio 3. Quick ratio 4. Accounts receivable tumover 5. Days' sales in receivabies 6. Inventory turnover 7. Days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of labilities to stockholders' equity 10. Times interest earned 11. Asset tumnover 12. Return on total assets 13. Retum on stockholders' equity 14. Return on common stockholders' equity doys 15. Earnings per share on common stock 16. Price-eamings ratio Retained earnings Total stockholders' equity Total liabilities and stockholders' equity \begin{tabular}{rr} 4,194,000 & 3,704,000 \\ \hline$4,944,000 & $4,454,000 \\ \hline$9,024,000 & $8,254,000 \\ \hline \end{tabular} Determine the following measures for 20Y2. Round to one decimal place, including percentages, except for per-share amounts, which should be rounded to the nearest cent. 1. Working Capital 2. Current ratio 3. Quick ratio 4. Accounts receivable tumover 5. Days' sales in receivables 6. inventory tumover: 7. Days' sales in inventory 8. Ratio of fxed assets to long-term liablities 9. Ratio of liabaities to stockholders' equity 10. Times interest earned 11. Asset turnover 12. Retum on total assets 13. Retum on stockholders' equity 14. Return on common stockholders' equity days days 15. Earnings per share on common stock 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yieid %