Paid cash for prepaid expe abilities PR 17-4B Measures of liquidity, solvency and profitability OBJ. 3, 4,5 The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. Stargel Inc Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 2041 2012 20Y1 xcel . $5,375,000 900,000 $6,275,000 $4,545,000 925,000 $5,470,000 Retained earnings, January 1. Net income. Total Dividends: Preferred stock dividends.. Common stock dividends Total dividends. Retained earnings, December 31 $ 45,000 50,000 $ 95,000 $6,180,000 $ 45,000 50,000 $ 95,000 $5,375,000 Working capital: Current Assets $3,690,000 Current Liabilities $900.000 = Calculated Value $2,790,000 Ratio Numerator Denominator = Calculated Value 2. Current ratio $3,690,000 $900,000 4.1 3. Quick ratio Accounts receivable turnover 5. Number of days Pr. 17-4B Accessibility Investinat Paid cash for prepaid expe abilities PR 17-4B Measures of liquidity, solvency and profitability OBJ. 3, 4,5 The comparative financial statements of Stargel Inc. are as follows. The market price of Stargel common stock was $119.70 on December 31, 20Y2. Stargel Inc Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 2041 2012 20Y1 xcel . $5,375,000 900,000 $6,275,000 $4,545,000 925,000 $5,470,000 Retained earnings, January 1. Net income. Total Dividends: Preferred stock dividends.. Common stock dividends Total dividends. Retained earnings, December 31 $ 45,000 50,000 $ 95,000 $6,180,000 $ 45,000 50,000 $ 95,000 $5,375,000 Working capital: Current Assets $3,690,000 Current Liabilities $900.000 = Calculated Value $2,790,000 Ratio Numerator Denominator = Calculated Value 2. Current ratio $3,690,000 $900,000 4.1 3. Quick ratio Accounts receivable turnover 5. Number of days Pr. 17-4B Accessibility Investinat