Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 63 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			$778,500		$658,300
Net income			177,600		134,800
Total			$956,100		$793,100
Dividends:
	On preferred stock		$5,600		$5,600
	On common stock		9,000		9,000
		Total dividends	$14,600		$14,600
Retained earnings, December 31			$941,500		$778,500

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$1,062,880		$979,250
Cost of goods sold	367,920		338,490
Gross profit	$694,960		$640,760
Selling expenses	$234,820		$289,380
Administrative expenses	200,030		169,960
Total operating expenses	$434,850		$459,340
Income from operations	$260,110		$181,420
Other revenue	13,690		11,580
	$273,800		$193,000
Other expense (interest)	72,000		40,000
Income before income tax	$201,800		$153,000
Income tax expense	24,200		18,200
Net income	$177,600		$134,800

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$144,900		$197,070
	Marketable securities		219,300		326,590
	Accounts receivable (net)		197,100		182,500
	Inventories		146,000		116,800
	Prepaid expenses		27,415		39,410
		Total current assets	$734,715		$862,370
Long-term investments			710,135		349,962
Property, plant, and equipment (net)			990,000		891,000
Total assets			$2,434,850		$2,103,332
Liabilities
Current liabilities			$253,350		$484,832
Long-term liabilities:
	Mortgage note payable, 8%		$400,000		$0
	Bonds payable, 8%		500,000		500,000
		Total long-term liabilities	$900,000		$500,000
Total liabilities			$1,153,350		$984,832
Stockholders' Equity
Preferred $0.70 stock, $20 par			$160,000		$160,000
Common stock, $10 par			180,000		180,000
Retained earnings			941,500		778,500
Total stockholders' equity			$1,281,500		$1,118,500
Total liabilities and stockholders' equity			$2,434,850		$2,103,332

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		%