Please answer the following question:
Measures of liquidity, Solvency and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 57 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 $ 3,610,425 $ 3,069,075 Net income 806,400 628,600 Total $ 4,416,825 $ 3,697,675 Dividends On preferred stock $ 13,300 $ 13,300 On common stock 73,950 73,950 Total dividends $ 87,250 $ 87,250 Retained earnings, December 31 $ 4,329,575 $ 3,610,425 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Sales $ 4,680,760 $ 4,312,590 Cost of goods sold 1,594,320 1,466,770 Gross profit $ 3,086,440 $ 2,845,820Selling expenses $ 1,048,820 $ 1,276,230 Administrative expenses 893,440 749,530 Total operating expenses 1,942,260 2,025,760 Income from operations $ 1,144,180 $ 820,060 Other income 60,220 52,340 $ 1,204,400 $ 872,400 Other expense (interest) 288,000 158,400 Income before income tax $ 916,400 $ 714,000 Income tax expense 110,000 85,400 Net income $ 806,400 $ 628,600 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Dec. 31, 20Y2 Dec. 31, 20Y1 Assets Current assets Cash $ 869,310 $ 758,500 Marketable securities 1,315,710 1,256,930 Accounts receivable (net) 861,400 810,300 Inventories 642,400 496,400 Prepaid expenses 164,458 151,700 Total current assets $ 3,853,278 $ 3,473,830Long-term investments 2,193,957 786,935 Property, plant, and equipment (net) 4,680,000 4,212,000 Total assets $ 10,727,235 $ 8,472,765 Liabilities Current liabilities $ 1,167,660 $ 1,252,340 Long-term liabilities Mortgage note payable, 8 % $ 1,620,000 $0 Bonds payable, 8 % 1,980,000 1,980,000 Total long-term liabilities $ 3,600,000 $ 1,980,000 Total liabilities $ 4,767,660 $ 3,232,340 Stockholders' Equity Preferred $ 0.70 stock, $ 40 par $ 760,000 $ 760,000 Common stock, $ 10 par 870,000 870,000 Retained earnings 4,329,575 3,610,425 Total stockholders' equity $ 5,959,575 $ 5,240,425 Total liabilities and stockholders' equity $ 10,727,235 $ 8,472,765Required: 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 %
