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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 8 2 . 6 0 on

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31,20Y2.
Marshall Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31,20Y2 and 20Y1
20Y220Y1
Retained earnings, January 1 $3,704,000 $3,264,000
Net income $600,000 $550,000
Dividends:
On preferred stock (10,000)(10,000)
On common stock (100,000)(100,000)
Increase in retained earnings $490,000 $440,000
Retained earnings, December 31 $4,194,000 $3,704,000
Marshall Inc.
Comparative Income Statement
For the Years Ended December 31,20Y2 and 20Y1
20Y220Y1
Sales $10,850,000 $10,000,000
Cost of goods sold (6,000,000)(5,450,000)
Gross profit $4,850,000 $4,550,000
Selling expenses $(2,170,000) $(2,000,000)
Administrative expenses (1,627,500)(1,500,000)
Total operating expenses $(3,797,500) $(3,500,000)
Operating income $1,052,500 $1,050,000
Other revenue and expense:
Other revenue 99,50020,000
Other expense (interest)(132,000)(120,000)
Income before income tax expense $1,020,000 $950,000
Income tax expense (420,000)(400,000)
Net income $600,000 $550,000
Marshall Inc.
Comparative Balance Sheet
December 31,20Y2 and 20Y1
20Y220Y1
Assets
Current assets:
Cash $1,050,000 $950,000
Marketable securities 301,000420,000
Accounts receivable (net)585,000500,000
Inventories 420,000380,000
Prepaid expenses 108,00020,000
Total current assets $2,464,000 $2,270,000
Long-term investments 800,000800,000
Property, plant, and equipment (net)5,760,0005,184,000
Total assets $ 9,024,000 $8,254,000
Liabilities
Current liabilities $ 880,000 $ 800,000
Long-term liabilities:
Mortgage note payable, 6% $200,000 $0
Bonds payable, 4%3,000,0003,000,000
Total long-term liabilities $3,200,000 $3,000,000
Total liabilities $4,080,000 $3,800,000
Stockholders Equity
Preferred 4% stock, $5 par $250,000 $250,000
Common stock, $5 par 500,000500,000
Retained earnings 4,194,0003,704,000
Total stockholders equity $4,944,000 $4,454,000
Total liabilities and stockholders equity $9,024,000 $8,254,000
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.

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