Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 52 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			$2,057,900		$1,749,700
Net income			454,400		358,400
Total			$2,512,300		$2,108,100
Dividends:
	On preferred stock		$7,700		$7,700
	On common stock		42,500		42,500
		Total dividends	$50,200		$50,200
Retained earnings, December 31			$2,462,100		$2,057,900

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$2,657,200		$2,448,260
Cost of goods sold	963,600		886,510
Gross profit	$1,693,600		$1,561,750
Selling expenses	$563,450		$687,920
Administrative expenses	479,970		404,020
Total operating expenses	$1,043,420		$1,091,940
Income from operations	$650,180		$469,810
Other revenue	34,220		29,990
	$684,400		$499,800
Other expense (interest)	168,000		92,800
Income before income tax	$516,400		$407,000
Income tax expense	62,000		48,600
Net income	$454,400		$358,400

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$420,050		$472,450
	Marketable securities		635,750		782,920
	Accounts receivable (net)		489,100		459,900
	Inventories		365,000		277,400
	Prepaid expenses		79,476		94,490
		Total current assets	$1,989,376		$2,087,160
Long-term investments			1,614,404		735,474
Property, plant, and equipment (net)			2,520,000		2,268,000
Total assets			$6,123,780		$5,090,634
Liabilities
Current liabilities			$621,680		$932,734
Long-term liabilities:
	Mortgage note payable, 8%		$940,000		$0
	Bonds payable, 8%		1,160,000		1,160,000
		Total long-term liabilities	$2,100,000		$1,160,000
Total liabilities			$2,721,680		$2,092,734
Stockholders' Equity
Preferred $0.70 stock, $40 par			$440,000		$440,000
Common stock, $10 par			500,000		500,000
Retained earnings			2,462,100		2,057,900
Total stockholders' equity			$3,402,100		$2,997,900
Total liabilities and stockholders' equity			$6,123,780		$5,090,634

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		%