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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 63 on December 31, 20Y2. Marshall

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 63 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 $1,939,000 $1,634,300
Net income 432,000 334,700
Total $2,371,000 $1,969,000
Dividends:
On preferred stock $7,000 $7,000
On common stock 23,000 23,000
Total dividends $30,000 $30,000
Retained earnings, December 31 $2,341,000 $1,939,000

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $2,467,400 $2,273,380
Cost of goods sold 963,600 886,510
Gross profit $1,503,800 $1,386,870
Selling expenses $469,940 $591,370
Administrative expenses 400,310 347,310
Total operating expenses $870,250 $938,680
Income from operations $633,550 $448,190
Other revenue 33,350 28,610
$666,900 $476,800
Other expense (interest) 176,000 96,800
Income before income tax $490,900 $380,000
Income tax expense 58,900 45,300
Net income $432,000 $334,700

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 20Y1
Assets
Current assets
Cash $515,360 $441,230
Marketable securities 780,010 731,170
Accounts receivable (net) 489,100 459,900
Inventories 365,000 277,400
Prepaid expenses 97,500 88,250
Total current assets $2,246,970 $1,997,950
Long-term investments 1,194,930 499,105
Property, plant, and equipment (net) 2,640,000 2,376,000
Total assets $6,081,900 $4,873,055
Liabilities
Current liabilities $680,900 $864,055
Long-term liabilities:
Mortgage note payable, 8% $990,000 $0
Bonds payable, 8% 1,210,000 1,210,000
Total long-term liabilities $2,200,000 $1,210,000
Total liabilities $2,880,900 $2,074,055
Stockholders' Equity
Preferred $0.70 stock, $40 par $400,000 $400,000
Common stock, $10 par 460,000 460,000
Retained earnings 2,341,000 1,939,000
Total stockholders' equity $3,201,000 $2,799,000
Total liabilities and stockholders' equity $6,081,900 $4,873,055

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.

11. Asset turnover
12. Return on total assets %
13. Return on stockholders equity %
14. Return on common stockholders equity %
15. Earnings per share on common stock $
16. Price-earnings ratio
17. Dividends per share of common stock $
18. Dividend yield %

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