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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 6 1 on December 3 1

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 61 on December 31,20Y2.
Marshall Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31,20Y2 and 20Y1
20Y220Y1
Retained earnings, January 1 $2,440,750 $2,072,550
Net income 554,800424,500
Dividends:
On preferred stock (9,100)(9,100)
On common stock (47,200)(47,200)
Retained earnings, December 31 $2,939,250 $2,440,750
Marshall Inc.
Comparative Income Statement
For the Years Ended December 31,20Y2 and 20Y1
20Y220Y1
Sales $3,212,730 $2,960,060
Cost of merchandise sold 1,289,9101,186,720
Gross profit $1,922,820 $1,773,340
Selling expenses $599,970 $758,800
Administrative expenses 511,080445,650
Total operating expenses $1,111,050 $1,204,450
Income from operations $811,770 $568,890
Other revenue and expense:
Other revenue 42,73036,310
Other expense (interest)(224,000)(123,200)
Income before income tax expense $630,500 $482,000
Income tax expense 75,70057,500
Net income $554,800 $424,500
Marshall Inc.
Comparative Balance Sheet
December 31,20Y2 and 20Y1
20Y220Y1
Assets
Current assets:
Cash $568,690 $598,340
Marketable securities 860,720991,520
Accounts receivable (net)613,200576,700
Inventories 467,200365,000
Prepaid expenses 107,598119,670
Total current assets $2,617,408 $2,651,230
Long-term investments 1,996,1671,043,195
Property, plant, and equipment (net)3,080,0002,772,000
Total assets $7,693,575 $6,466,425
Liabilities
Current liabilities $844,325 $1,375,675
Long-term liabilities:
Mortgage note payable, 8% $1,260,000 $0
Bonds payable, 8%1,540,0001,540,000
Total long-term liabilities $2,800,000 $1,540,000
Total liabilities $3,644,325 $2,915,675
Stockholders' Equity
Preferred $0.70 stock, $40 par $520,000 $520,000
Common stock, $10 par 590,000590,000
Retained earnings 2,939,2502,440,750
Total stockholders' equity $4,049,250 $3,550,750
Total liabilities and stockholders' equity $7,693,575 $6,466,425
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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