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Please show workings for all 18 questions below Measures of liquidity, Solvency and Profitability The comparative financial statements of Marshall Inc. are as follows. The

Please show workings for all 18 questions below

Measures of liquidity, Solvency and Profitability

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 51 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 $ 3,227,150 $ 2,740,250
Net income 700,000 561,200
Total $3,927,150 $ 3,301,450
Dividends:
On preferred stock $ 11,900 $ 11,900
On common stock 62,400 62,400
Total dividends $ 74,300 $ 74,300
Retained earnings, December 31 $ 3,852,850 $ 3,227,150

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $ 4,708,500 $ 4,338,200
Cost of goods sold 1,545,410 1,421,780
Gross profit $ 3,163,090 $ 2,916,420
Selling expenses $ 1,152,240 $ 1,365,710
Administrative expenses 981,530 802,090
Total operating expenses 2,133,770 2,167,800
Income from operations $ 1,029,320 $ 748,620
Other revenue 54,180 47,780
$ 1,083,500 $ 796,400
Other expense (interest) 288,000 158,400
Income before income tax $ 795,500 $ 638,000
Income tax expense 95,500 76,800
Net income $ 700,000 $ 561,200

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
Dec. 31, 20Y2 Dec. 31, 20Y1
Assets
Current assets
Cash $ 965,120 $ 676,770
Marketable securities 1,460,720 1,121,510
Accounts receivable (net) 810,300 759,200
Inventories 598,600 467,200
Prepaid expenses 182,581 135,350
Total current assets $ 4,017,321 $ 3,160,030
Long-term investments 2,117,094 983,357
Property, plant, and equipment (net) 3,960,000 3,564,000
Total assets $ 10,094,415 $ 7,707,387
Liabilities
Current liabilities $ 1,181,565 $ 1,040,237
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 $ 4,781,565 $ 3,020,237
Stockholders' Equity
Preferred $ 0.70 stock, $ 40 par $ 680,000 $ 680,000
Common stock, $ 10 par 780,000 780,000
Retained earnings 3,852,850 3,227,150
Total stockholders' equity $ 5,312,850 $ 4,687,150
Total liabilities and stockholders' equity $ 10,094,415 $ 7,707,387

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 %

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