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really need help on this , i also have the formula included below , if something is too blurry let me know ( some of

really need help on this , i also have the formula included below , if something is too blurry let me know ( some of the one's with x's on them are correct , cause i have re worked a few ) image text in transcribed
image text in transcribed
image text in transcribed
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image text in transcribed
Measures of liquidity, Solvency, and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 63 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 20Y1 2012 2011 Retained earnings, January 1 $3,585,250 $3,015,650 Net Income 817,600 617,700 Dividends: On preferred stock (13,300) (13,300) On common stock (34,800) (34,800) Retained earnings, December 31 $4,354,750 $3,585,250 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 2041 2012 2011 $4,878,225 $4,494,550 Sales 1,757,110 1,616,540 Cost of merchandise sold $3,121,115 $2,878,010 Gross profit $1,040,510 Selling expenses Administrative expenses $1,290,350 757,830 886,365 $2,048,180 Total operating expenses $1,926,875 $1,194,240 $829,830 Income from operations Other revenue and expense: 62,860 52,970 Other revenue (328,000) (180,800) Other expense (interest) Income before income tax expense $929,100 $702,000 111,500 84,300 Income tax expense $817,600 $617,700 Net income Marshall Inc. Comparative Balance Sheet December 31, 2012 and 2041 2012 2011 Assets Current assets: $836,250 Cash $871,780 1,444,670 1,265,670 Marketable securities 861,400 Accounts receivable (net) Inventories 912,500 686,200 158,205 525,600 174.360 Prepaid expenses Total current assets $3,858,825 2,592,200 $3,877,810 1,152,256 4,428,000 Long-term Investments 4,920,000 Property, plant, and equipment (net) $11,371,025 $9,458,066 Total assets Liabilities Current liabilities $1,286,275 $1,982,816 Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% $0 $1,840,000 2,260,000 $4,100,000 Total long-term liabilities 2,260,000 $2,260,000 $4,242,816 Total liabilities $5,386,275 $760,000 $760,000 870,000 870,000 Stockholders' Equity Preferred $0.70 stock, $40 par Common stock, $10 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity 4,354,750 3,585,250 $5,984,750 $5,215,250 $11,371,025 $9,458,066 Datorita de color which bered to the heart dy 2.5720 X 2. RO 33 SSX X A X 2. W hat AGB 10. med 11. 12 mm 2X 22 CICE 14.com X A 10. 37. Oro 18. XL FO LO SA ble in recen COM ference of 10 11 A comm. Tesco cantar ) Coleh wheel mock honda So DRUMS where e 9

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