s' The comparative financial statements of Marshall Inc. are as follows. The ma 3 Marshall common stock was $82.60 on December 31, 20Y2. Obj, 3,45 market price PR 14-4A Measures of liquidity, solvency, and profitability Marshall Inc Comparative Retained Earnings Statement For the Years Ended December 31,20Y2 and 20Y1 20Y2 20Y1 $3,704,000 3264000 550,000 4,304,000 $3814000 600,000 Net income Total Dividends: 10,000 10000 100,000 110,000 110000 100,000 S4,194,000 $3.70400 Other income 52,500 1,050,000 20.000 400 000 Marshall Inc Comparative Balance Sheet 31, 20Y2 and 201 Cash . $1050,000 $ 950,000 2,404000 $20000 9024,000 58.254000 420,000 420,000 500,000 420,000 380,000 2,464,000$2270,000 800,000 760,000 5,184,000 Property, plant, and equipment (net). 800,000 Current liabilities Long-term liabilities: Mortgage note payable, 6%, Bonds payable, 4%, s 200,000 3,000,000 3,000000 $3,200.000$3000000 Total long-term liabilities. Total liabilities.. Stockholders' Equity s 250000 250,000 500C00 Preferred 4% stock. SS par Common stock, $5 par 500,000 194,000 Retained earnings Total stockholders'equity 4,944,000 Total liabilities and stockholders'equity Instructions Determine the following measures for 2012 (round to one decimal place, including percentages, except for per-share amounts): 1. Working capital 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 9024,000 %254,000 Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity (Continued) 10. Times interest earned