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Refer to PR14-4A for Marshall Inc. in the course text (pg. 737). Determine the following measures for 20Y2. Round to one decimal place, including percentages,

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Refer to PR14-4A for Marshall Inc. in the course text (pg. 737). Determine the following measures for 20Y2. Round to one decimal place, including percentages, except for per-share amounts, which should be rounded to the nearest cent. Be sure to indicate each measure in their proper numerical form (e.g., percentage, dollar amount, etc.). Show your work.

  1. Working capital
  1. Current ratio
  1. Quick ratio
  1. A/R turnover
  1. Number of days sales in A/R
  1. Inventory turnover
  1. Number of days sales in inventory
  1. Ratio of liabilities to stockholders equity (debt-to-equity)
  1. Return on total assets
  1. EPS on common stock
Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 $ 3,704,000 $ 600,000 20Y1 $3,264,000 $ 550,000 Retained earnings, January 1.... Net income Dividends: On preferred stock On common stock. Increase in retained earnings... Retained earnings, December 31 (10,000) (100,000) $ 490,000 $4,194,000 (10,000) (100,000) $ 440,000 $3,704,000 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 Sales .... Cost of goods sold. Gross profit.... Selling expenses Administrative expenses.. Total operating expenses Operating income. Other revenue and expense: Other revenue... Other expense interest).. Income before income tax expense. Income tax expense.. Net income 20Y2 20Y1 $10,850,000 $10,000,000 (6,000,000) (5,450,000) $ 4,850,000 $ 4,550,000 $ 2,170,000) $ (2,000,000) (1,627,500) (1,500,000) $(3,797,500) $ (3,500,000) $ 1,052,500 $ 1,050,000 99,500 (132,000) $ 1,020,000 $ (420,000) 600,000 20,000 (120,000 950,000 (400,000) 550,000 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets $1,050,000 $ 950,000 301,000 420,000 585,000 500,000 420,000 380,000 108,000 20,000 $ 2,464,000 $2,270,000 800,000 800,000 5,760,000 5,184,000 $ 9,024,000 $8,254,000 Current assets: Cash... Marketable securities. Accounts receivable (net). Inventories Prepaid expenses Total current assets Long-term investments. Property, plant, and equipment (net) Total assets Liabilities Current liabilities. Long-term liabilities: Mortgage note payable, 6%, Bonds payable, 4%, .... Total long-term liabilities Total liabilities Stockholders' Equity Preferred 4% stock, $5 par Common stock, $5 par Retained earnings.. Total stockholders' equity.... Total liabilities and stockholders' equity. $ 880,000 $ 800,000 $ 200,000 $ 0 3,000,000 3,000,000 $ 3,200,000 $3,000,000 $ 4,080,000 $3,800,000 $ 250,000 500,000 4,194,000 $ 4,944,000 $ 9,024,000 $ 250,000 500,000 3,704,000 $4,454,000 $8,254,000

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