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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 Inc. common stock was

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 $ 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 $ 2,809,500 $ 2,364,300
Net income 660,000 484,200
Total $ 3,469,500 $ 2,848,500
Dividends
On preferred stock $ 8,400 $ 8,400
On common stock 30,600 30,600
Total dividends $ 39,000 $ 39,000
Retained earnings, December 31 $ 3,430,500 $ 2,809,500

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $ 3,482,100 $ 3,208,180
Cost of goods sold 1,357,800 1,249,180
Gross profit $ 2,124,300 $ 1,959,000
Selling expenses $ 643,360 $ 832,660
Administrative expenses 548,040 489,020
Total operating expenses 1,191,400 1,321,680
Income from operations $ 932,900 $ 637,320
Other income 49,100 40,680
$ 982,000 $ 678,000
Other expense (interest) 232,000 128,000
Income before income tax $ 750,000 $ 550,000
Income tax expense 90,000 65,800
Net income $ 660,000 $ 484,200

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
Dec. 31, 20Y2 Dec. 31, 20Y1
Assets
Current assets
Cash $ 587,920 $ 688,540
Marketable securities 889,830 1,141,020
Accounts receivable (net) 678,900 635,100
Inventories 511,000 394,200
Prepaid expenses 111,230 137,710
Total current assets $ 2,778,880 $ 2,996,570
Long-term investments 2,510,020 1,441,141
Property, plant, and equipment (net) 3,190,000 2,871,000
Total assets $ 8,478,900 $ 7,308,711
Liabilities
Current liabilities $ 868,400 $ 1,619,211
Long-term liabilities
Mortgage note payable, 8 % $ 1,300,000 $ 0
Bonds payable, 8 % 1,600,000 1,600,000
Total long-term liabilities $ 2,900,000 $ 1,600,000
Total liabilities $ 3,768,400 $ 3,219,211
Stockholders' Equity
Preferred $ 0.70 stock, $ 50 par $ 600,000 $ 600,000
Common stock, $ 10 par 680,000 680,000
Retained earnings 3,430,500 2,809,500
Total stockholders' equity $ 4,710,500 $ 4,089,500
Total liabilities and stockholders' equity $ 8,478,900 $ 7,308,711

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 $1910480
2. Current ratio 3.2
3. Quick ratio 2.5
4. Accounts receivable turnover 5.3
5. Number of days' sales in receivables 68.9 days
6. Inventory turnover 3
7. Number of days' sales in inventory 121.7 days
8. Ratio of fixed assets to long-term liabilities 1.1
9. Ratio of liabilities to stockholders' equity 0.8
10. Times interest earned 4.2
11. Asset turnover
12. Return on total assets %
13. Return on stockholders equity 15 %
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 %

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This is all I have, I have put in bold what I need. I HAVE ALSO INCLUDED HOW TO SOLVE THEM.

11. Divide sales by average total assets, excluding long-term investments. Average total = (Beginning total assetsEnding total assets) 2. assets + 12. Divide the sum of net income plus interest expense by average total assets. Average total assets (Beginning total assetsEnding total assets) 2 13. Divide net income by average total stockholders' equity. Average total stockholders' equity (Beginning total stockholders' equity Ending total stockholders' equity) 2 14. Divide net income minus preferred dividends from the retained earnings statement by average common stockholders' equity. Common stockholders' equity = Common stock Retained earnings. Average common stockholders' equity = (Beginning common stockholders' equity Ending common stockholders' equity) 2 15. Divide net income minus preferred dividends from the retained earnings statement by common shares outstanding (common stock par value). 16. Divide common market share price by common earnings per share (use answer from requirement 15). 17. Divide common dividends (from Retained Earnings Statement) by common shares outstanding (common stock par value) 18. Divide common dividends per share (use answer from requirement 17) by market share price

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