Presented below are the balance sheet as of December 31, 2020, and the 2020 income statement for Marshal Corporation along with additional information. There are no amortization charges, and the corporation does not lease any assets. Besides, none of the corporations debt must be retired during the next 5 years, and the notes payable will be rolled over.

4. What is the corporations quick ratio? *

5 points

0.45

0.65

1.37

1.55

None of the above

5. What is the corporations total assets turnover ratio? *

5 points

0.66

1.51

2.50

3.81

None of the above

6. What is the corporations times-interest-earned ratio? *

5 points

1.62

2.50

2.70

3.70

None of the above

7. What is the corporations return on common equity? *

5 points

3.30%

9.17%

20.95%

23.50%

None of the above

8. What is the corporations equity multiplier? *

5 points

0.36

1.78

2.78

7.13

None of the above

9. What is the amount of total debt? *

5 points

$14,610,000

$21,360,000

$16,450,000

$31,060,000

None of the above

MARSHAL CORPORATION Balance Sheet December 31, 2020 $2,681,000 11,200,000 15,400,000 29,281,000 19,200,000 $48,481,000 Assets Cash and Securities Accounts Receivable Inventories Total Current Assets Net Plant and Equipment Total Assets Liabilities and Stockholders' Equity Accounts Payable Accruals Notes Payable Total Current Liabilities Long-Term Bonds Total Liabilities Common Stock Retained Earnings Total Common Equity Total Liabilities and Stockholders' Equity $9,260,000 5,350,000 6,750,000 21,360,000 9,700,000 31,060,000 6,800,000 10,621,000 17,421,000 $48,481,000 MARSHAL CORPORATION Income Statement For the Year Ended December 31, 2020 Net Sales Operating Costs (Excluding Depreciation) Depreciation Earnings Before Interest and Taxes (EBIT) Less: Interest Earnings Before Taxes (EBT) Taxes Net Income $73,200,000 68,300,000 1,250,000 3,650,000 987,000 2,663,000 1,065,200 $1,597,800 Additional Information Number of Common Shares Outstanding Interest Rate on Notes Payable and Long-Term Bonds Federal Plus State Income Tax Rate 500,000,000 6% 40%