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The comparative financial statements of Marshall Inc. are as follows. The Market price of Marshall common stock was $82.60 on December 31, 20Y2 $3,704,000 $
The comparative financial statements of Marshall Inc. are as follows. The Market price of Marshall common stock was $82.60 on December 31, 20Y2
$3,704,000 $ 600,000 $ ed earings, January 1 come ends: eferred stock mmon stock ase in retained earings ned earnings, December 31 C (10,000) (100,000) $ 490,000 $4,194,000 $ $3, Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20 20Y2 s of goods sold ss profit ing expenses ministrative expenses el operating expenses erating income ser revenue and expense: Other revenue Other expense (interest) Come before income tax expense $ 10,850,000 (6,000,000) $ 4,850,000 $ (2,170,000) (1,627,500) $(3,797,500) $ 1,052,500 99,500 (132,000) $ 1.020,000 Home Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 2012 20 Assets ssets: $ 95 42 50 cetable securities unts receivable (net) Entories paid expenses rent assets m investments plant, and equipment (net) $1,050,000 301,000 585,000 420,000 108,000 $ 2,464,000 800,000 5,760,000 $ 9,024,000 2 $2,27 800 5,184 sets $8,254 Liabilities liabilities $ 880,000 $ 800 3.000 rm liabilities: ertgage note payable, 6% nds payable, 4% ng-term liabilities abilities Stockholders' Equity ed 4% stock, $5 par $ 200,000 3,000,000 $ 3,200,000 $ 4,080,000 $3,000 $3 800 $ 250 000 $ 250, na My Work earings Total stockholders' equity Total liabilities and stockholders' equity 4,194,000 3,704,000 $ 4,944,000 $4,454,000 $ 9,024,000 $8,254,000 Determine the following measures for 20Y2. Round to one decimal place, including perc 1. Working Capital 1,584,000 2. Current ratio 2.8 3. Quick ratio 2.2 4. Accounts receivable turnover 20.0 5. Number of days' sales in receivables 18.3 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 1.8 9. Ratio of liabilities to stockholders' equity 0.8 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 1.00 18. Dividend yield 1.2 % Check My Work TIL P (99+ $3,704,000 $ 600,000 $ ed earings, January 1 come ends: eferred stock mmon stock ase in retained earings ned earnings, December 31 C (10,000) (100,000) $ 490,000 $4,194,000 $ $3, Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20 20Y2 s of goods sold ss profit ing expenses ministrative expenses el operating expenses erating income ser revenue and expense: Other revenue Other expense (interest) Come before income tax expense $ 10,850,000 (6,000,000) $ 4,850,000 $ (2,170,000) (1,627,500) $(3,797,500) $ 1,052,500 99,500 (132,000) $ 1.020,000 Home Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 2041 2012 20 Assets ssets: $ 95 42 50 cetable securities unts receivable (net) Entories paid expenses rent assets m investments plant, and equipment (net) $1,050,000 301,000 585,000 420,000 108,000 $ 2,464,000 800,000 5,760,000 $ 9,024,000 2 $2,27 800 5,184 sets $8,254 Liabilities liabilities $ 880,000 $ 800 3.000 rm liabilities: ertgage note payable, 6% nds payable, 4% ng-term liabilities abilities Stockholders' Equity ed 4% stock, $5 par $ 200,000 3,000,000 $ 3,200,000 $ 4,080,000 $3,000 $3 800 $ 250 000 $ 250, na My Work earings Total stockholders' equity Total liabilities and stockholders' equity 4,194,000 3,704,000 $ 4,944,000 $4,454,000 $ 9,024,000 $8,254,000 Determine the following measures for 20Y2. Round to one decimal place, including perc 1. Working Capital 1,584,000 2. Current ratio 2.8 3. Quick ratio 2.2 4. Accounts receivable turnover 20.0 5. Number of days' sales in receivables 18.3 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of fixed assets to long-term liabilities 1.8 9. Ratio of liabilities to stockholders' equity 0.8 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 1.00 18. Dividend yield 1.2 % Check My Work TIL P (99+
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