The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 68 on December 31, 2012. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 Retained earnings, January 1 Net income Total Dividends On preferred stock On common stock Total dividends Retained earnings, December 31 20Y2 $1,928,150 20Y1 $1,627,150 456,000 333,300 $ 2,384,150 $1,960,450 $7,000 25,300 $7,000 25,300 $32,300 $ 32,300 $2,351,850 $1,928,150 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 $ 2,514,850 931,480 $ 1,583,370 $ 498,900 424,980 20Y1 $ 2,317,030 856,960 $ 1,460,070 $ 638,080 374,740 Sales Cost of goods sold Gross profit Selling expenses Administrative expenses Total operating expenses 923,880 1,012,820 Income from operations Other income $ 659,490 $447,250 28,550 Other expense (interest) Income before income tax Income tax expense Net income 34,710 $ 694,200 176,000 $ 518,200 62,200 $ 456,000 $ 475,800 96,800 $379,000 45,700 $333,300 Current assets Cash Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 Assets Marketable securities. Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term investments Property, plant, and equipment (net) Total assets Current liabilities Long-term liabilities Mortgage note payable, 8% Bonds payable, 8 % Total long-term liabilities Total liabilities. Dec. 31, 20Y2 Dec. 31, 20Y1 $ 501,730 $ 471,400 759,380 781,180 489,100 459,900 365,000 277,400 94,918 94,280 $ 2,210,128 1,472,387 2,420,000 $2,084,160 821,166 2,178,000 $ 5,083,326 $ 6,102,515 Liabilities $ 690,665 $ 1,085,176 $990,000 1,210,000 $0 1,210,000 $ 1,210,000 $ 2,200,000 $ 2,890,665 $ 2,295,176 Stockholders' Equity Preferred $ 0.70 stock, $ 40 par Common stock, $ 10 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $ 400,000 $400,000 460,000 1,928,150 460,000 2,351,850 $ 3,211,850 $ 6,102,515 $2,788,150 $ 5,083,326 Determine the following measures for 2012, 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 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover days 7. Number of days' sales in inventory 8. Ratio of foxed assets to long-term liabilities 9. Ratio of liabilities to stockholders' equity 10. Times interest earned 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 days 96 96