Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 60 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			$ 2,432,750		$ 2,046,350
Net income			547,200		419,100
Total			$2,979,950		$ 2,465,450
Dividends:
	On preferred stock		$ 9,100		$ 9,100
	On common stock		23,600		23,600
		Total dividends	$ 32,700		$ 32,700
Retained earnings, December 31			$ 2,947,250		$ 2,432,750

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$ 3,224,775		$ 2,971,120
Cost of goods sold	1,160,700		1,067,840
Gross profit	$ 2,064,075		$ 1,903,280
Selling expenses	$ 693,020		$ 851,800
Administrative expenses	590,345		500,260
Total operating expenses	$1,283,365		$1,352,060
Income from operations	$ 780,710		$ 551,220
Other revenue	41,090		35,180
	$ 821,800		$ 586,400
Other expense (interest)	200,000		110,400
Income before income tax	$ 621,800		$ 476,000
Income tax expense	74,600		56,900
Net income	$ 547,200		$ 419,100

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$ 477,290		$ 557,560
	Marketable securities		722,390		923,950
	Accounts receivable (net)		584,000		547,500
	Inventories		438,000		335,800
	Prepaid expenses		90,300		111,510
		Total current assets	$ 2,311,980		$ 2,476,320
Long-term investments			1,991,070		863,487
Property, plant, and equipment (net)			3,000,000		2,700,000
Total assets			$ 7,303,050		$ 6,039,807
Liabilities
Current liabilities			$ 745,800		$ 1,117,057
Long-term liabilities:
	Mortgage note payable, 8%		$ 1,120,000		$ 0
	Bonds payable, 8%		1,380,000		1,380,000
		Total long-term liabilities	$ 2,500,000		$ 1,380,000
Total liabilities			$ 3,245,800		$ 2,497,057
Stockholders' Equity
Preferred $0.70 stock, $40 par			$ 520,000		$ 520,000
Common stock, $10 par			590,000		590,000
Retained earnings			2,947,250		2,432,750
Total stockholders' equity			$ 4,057,250		$ 3,542,750
Total liabilities and stockholders' equity			$ 7,303,050		$ 6,039,807

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		%