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Please, someone, help me! If you do please show working out for me to understand. Thank you. Measures of liquidity, Solvency, and Profitability The comparative

Please, someone, help me! If you do please show working out for me to understand. Thank you.

Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 65 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 $1,262,900 $1,069,600
Net income 300,000 219,100
Total $1,562,900 $1,288,700
Dividends:
On preferred stock $9,800 $9,800
On common stock 16,000 16,000
Total dividends $25,800 $25,800
Retained earnings, December 31 $1,537,100 $1,262,900

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $1,799,450 $1,657,950
Cost of goods sold 613,200 564,140
Gross profit $1,186,250 $1,093,810
Selling expenses $404,140 $502,320
Administrative expenses 344,260 295,010
Total operating expenses $748,400 $797,330
Income from operations $437,850 $296,480
Other revenue 23,050 18,920
$460,900 $315,400
Other expense (interest) 120,000 66,400
Income before income tax $340,900 $249,000
Income tax expense 40,900 29,900
Net income $300,000 $219,100

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 20Y1
Assets
Current assets
Cash $243,620 $332,080
Marketable securities 368,720 550,300
Accounts receivable (net) 321,200 299,300
Inventories 248,200 189,800
Prepaid expenses 46,091 66,420
Total current assets $1,227,831 $1,437,900
Long-term investments 1,182,659 584,178
Property, plant, and equipment (net) 1,650,000 1,485,000
Total assets $4,060,490 $3,507,078
Liabilities
Current liabilities $423,390 $814,178
Long-term liabilities:
Mortgage note payable, 8% $670,000 $0
Bonds payable, 8% 830,000 830,000
Total long-term liabilities $1,500,000 $830,000
Total liabilities $1,923,390 $1,644,178
Stockholders' Equity
Preferred $0.70 stock, $20 par $280,000 $280,000
Common stock, $10 par 320,000 320,000
Retained earnings 1,537,100 1,262,900
Total stockholders' equity $2,137,100 $1,862,900
Total liabilities and stockholders' equity $4,060,490 $3,507,078

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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1. Subtract current liabilities from current assets.

2. Divide current assets by current liabilities.

3. Divide quick assets by current liabilities. Quick assets are cash, temporary investments, and receivables.

4. Divide sales by average accounts receivable. Average Accounts receivable = (Beginning Net Accounts Receivable + Ending Net Accounts Receivable) 2.

5. Divide average accounts receivable by average daily sales. Average Accounts receivable = (Beginning Net Accounts Receivable + Ending Net Accounts Receivable) 2. Average daily sales are sales divided by 365 days.

6. Divide cost of goods sold by average inventory. Average Inventory = (Beginning Inventories + Ending Inventories) 2.

7. Divide average inventory by average daily cost of goods sold. Average Inventory = (Beginning Inventories + Ending Inventories) 2. Average daily cost of goods sold is cost of goods sold divided by 365 days.

8. Divide property, plant, and equipment (net) by long-term liabilities.

9. Divide total liabilities by total stockholders' equity.

10. Divide the sum of income before income tax plus interest expense by interest expense.

11. Divide sales by average total assets. Average total assets = (Beginning total assets + Ending total assets) 2.

12. Divide the sum of net income plus interest expense by average total assets. Average total assets = (Beginning total assets + Ending total assets) 2.

13. Divide net income by average total stockholders' equity. Average total stockholders' equity = (Beginning total stockholders' equity + Ending total stockholders' equity) 2.

14. Divide net income minus preferred dividends from the retained earnings statement by average common stockholders' equity. Common stockholders' equity = Common stock + Retained earnings. Average common stockholders' equity = (Beginning common stockholders' equity + Ending common stockholders' equity) 2.

15. Divide net income minus preferred dividends from the retained earnings statement by common shares outstanding (common stock par value).

16. Divide common market share price by common earnings per share (use answer from requirement 15).

17. Divide common dividends (from Retained Earnings Statement) by common shares outstanding (common stock par value).

18. Divide common dividends per share (use answer from requirement 17) by market share price.

804,441 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 2 x 11.2 x 32.4 x days 4.9 X 336 x days 6. Inventory turnover 7. Number of days' sales in inventory 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 20 X % 28 X % 12.5 X % 6.3 1.0 x 50 x 80 X % 16. Price-earnings ratio 17. Dividends per share of common stock 18. Dividend yield

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