Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 58 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			$2,717,500		$2,295,500
Net income			613,200		470,200
Total			$3,330,700		$2,765,700
Dividends:
	On preferred stock		$9,800		$9,800
	On common stock		38,400		38,400
		Total dividends	$48,200		$48,200
Retained earnings, December 31			$3,282,500		$2,717,500

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$3,744,900		$3,450,330
Cost of goods sold	1,357,800		1,249,180
Gross profit	$2,387,100		$2,201,150
Selling expenses	$804,350		$989,480
Administrative expenses	685,190		581,120
Total operating expenses	$1,489,540		$1,570,600
Income from operations	$897,560		$630,550
Other revenue	47,240		40,250
	$944,800		$670,800
Other expense (interest)	248,000		136,800
Income before income tax	$696,800		$534,000
Income tax expense	83,600		63,800
Net income	$613,200		$470,200

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$596,750		$585,700
	Marketable securities		903,200		970,590
	Accounts receivable (net)		678,900		635,100
	Inventories		511,000		394,200
	Prepaid expenses		112,900		117,140
		Total current assets	$2,802,750		$2,702,730
Long-term investments			2,304,000		820,292
Property, plant, and equipment (net)			3,410,000		3,069,000
Total assets			$8,516,750		$6,592,022
Liabilities
Current liabilities			$934,250		$964,522
Long-term liabilities:
	Mortgage note payable, 8%		$1,390,000		$0
	Bonds payable, 8%		1,710,000		1,710,000
		Total long-term liabilities	$3,100,000		$1,710,000
Total liabilities			$4,034,250		$2,674,522
Stockholders' Equity
Preferred $0.70 stock, $40 par			$560,000		$560,000
Common stock, $10 par			640,000		640,000
Retained earnings			3,282,500		2,717,500
Total stockholders' equity			$4,482,500		$3,917,500
Total liabilities and stockholders' equity			$8,516,750		$6,592,022

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		%