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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 60 on December 31, 20Y2. Marshall

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 60 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 $1,937,600 $1,635,800
Net income 438,000 335,000
Total $2,375,600 $1,970,800
Dividends:
On preferred stock $5,600 $5,600
On common stock 27,600 27,600
Total dividends $33,200 $33,200
Retained earnings, December 31 $2,342,400 $1,937,600

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $2,785,680 $2,566,550
Cost of goods sold 1,131,500 1,040,980
Gross profit $1,654,180 $1,525,570
Selling expenses $527,130 $664,890
Administrative expenses 449,040 390,490
Total operating expenses $976,170 $1,055,380
Income from operations $678,010 $470,190
Other revenue 35,690 30,010
$713,700 $500,200
Other expense (interest) 216,000 119,200
Income before income tax $497,700 $381,000
Income tax expense 59,700 46,000
Net income $438,000 $335,000

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 20Y1
Assets
Current assets
Cash $653,310 $390,160
Marketable securities 988,800 646,550
Accounts receivable (net) 540,200 511,000
Inventories 408,800 321,200
Prepaid expenses 123,602 78,030
Total current assets $2,714,712 $1,946,940
Long-term investments 1,040,328 128,704
Property, plant, and equipment (net) 2,970,000 2,673,000
Total assets $6,725,040 $4,748,644
Liabilities
Current liabilities $822,640 $461,044
Long-term liabilities:
Mortgage note payable, 8% $1,210,000 $0
Bonds payable, 8% 1,490,000 1,490,000
Total long-term liabilities $2,700,000 $1,490,000
Total liabilities $3,522,640 $1,951,044
Stockholders' Equity
Preferred $0.70 stock, $50 par $400,000 $400,000
Common stock, $10 par 460,000 460,000
Retained earnings 2,342,400 1,937,600
Total stockholders' equity $3,202,400 $2,797,600
Total liabilities and stockholders' equity $6,725,040 $4,748,644

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 $fill in the blank 1
2. Current ratio fill in the blank 2
3. Quick ratio fill in the blank 3
4. Accounts receivable turnover fill in the blank 4
5. Number of days' sales in receivables fill in the blank 5 days
6. Inventory turnover fill in the blank 6
7. Number of days' sales in inventory fill in the blank 7 days
8. Ratio of fixed assets to long-term liabilities fill in the blank 8
9. Ratio of liabilities to stockholders' equity fill in the blank 9
10. Times interest earned fill in the blank 10
11. Asset turnover fill in the blank 11
12. Return on total assets fill in the blank 12 %
13. Return on stockholders equity fill in the blank 13 %
14. Return on common stockholders equity fill in the blank 14 %
15. Earnings per share on common stock $fill in the blank 15
16. Price-earnings ratio fill in the blank 16
17. Dividends per share of common stock $fill in the blank 17
18. Dividend yield fill in the blank 18 %

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