Measures of liquidity, Solvency, and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 54 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			$876,300		$748,400
Net income			212,800		153,300
Total			$1,089,100		$901,700
Dividends:
	On preferred stock		$7,000		$7,000
	On common stock		18,400		18,400
		Total dividends	$25,400		$25,400
Retained earnings, December 31			$1,063,700		$876,300

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
	20Y2		20Y1
Sales	$1,252,680		$1,154,130
Cost of goods sold	520,490		478,850
Gross profit	$732,190		$675,280
Selling expenses	$222,090		$291,120
Administrative expenses	189,190		170,970
Total operating expenses	$411,280		$462,090
Income from operations	$320,910		$213,190
Other revenue	16,890		13,610
	$337,800		$226,800
Other expense (interest)	96,000		52,800
Income before income tax	$241,800		$174,000
Income tax expense	29,000		20,700
Net income	$212,800		$153,300

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
			20Y2		20Y1
Assets
Current assets
	Cash		$346,140		$194,430
	Marketable securities		523,890		322,200
	Accounts receivable (net)		248,200		233,600
	Inventories		189,800		146,000
	Prepaid expenses		65,487		38,890
		Total current assets	$1,373,517		$935,120
Long-term investments			323,253		49,654
Property, plant, and equipment (net)			1,440,000		1,296,000
Total assets			$3,136,770		$2,280,774
Liabilities
Current liabilities			$443,070		$314,474
Long-term liabilities:
	Mortgage note payable, 8%		$540,000		$0
	Bonds payable, 8%		660,000		660,000
		Total long-term liabilities	$1,200,000		$660,000
Total liabilities			$1,643,070		$974,474
Stockholders' Equity
Preferred $0.70 stock, $20 par			$200,000		$200,000
Common stock, $10 par			230,000		230,000
Retained earnings			1,063,700		876,300
Total stockholders' equity			$1,493,700		$1,306,300
Total liabilities and stockholders' equity			$3,136,770		$2,280,774

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		%