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Measures of liquidity, Solvency, and Prolitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $57

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Measures of liquidity, Solvency, and Prolitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $57 on December 31 , 20 . 2 Marshall Inc. Comnarativa Ratainad Farninne Statamant Marshall Inc. Comparative Income Statement For the Years Ended December 31,20Y2 and 20Y1 \begin{tabular}{lrr} \hline Income before income tax & $850,900 & $655,000 \\ Income tax expense & 102,100 & 79,000 \\ Net income & $748,800 & $576,000 \\ \hline \hline \end{tabular} Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Stockholders' Equity Preferred $0.70 stock, $50 par Common stock, $10 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Required: \begin{tabular}{rr} $700,000 & $700,000 \\ 800,000 & 800,000 \\ 4,053,500 & 3,346,500 \\ \hline$5,553,500 & $4,846,500 \\ \hline$10,551,650 & $8,417,719 \\ \hline \hline \end{tabular} Determine the following measures for 20Y2, rounding to one decimal place, except for dollar amounts 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables days 6. Inventory tumover 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 tumover 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 yieid %

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