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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 67 on December 31, 20Y2. Marshall

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 67 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 $2,424,925 $2,052,075
Net income 577,600 420,300
Dividends:
On preferred stock (9,100) (9,100)
On common stock (38,350) (38,350)
Retained earnings, December 31 $2,955,075 $2,424,925

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $3,191,925 $2,940,930
Cost of merchandise sold 1,289,910 1,186,720
Gross profit $1,902,015 $1,754,210
Selling expenses $575,440 $749,120
Administrative expenses 490,195 439,960
Total operating expenses $1,065,635 $1,189,080
Income from operations $836,380 $565,130
Other revenue and expense:
Other revenue 44,020 36,070
Other expense (interest) (224,000) (123,200)
Income before income tax expense $656,400 $478,000
Income tax expense 78,800 57,700
Net income $577,600 $420,300

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 20Y1
Assets
Current assets:
Cash $645,860 $613,610
Marketable securities 977,520 1,016,830
Accounts receivable (net) 620,500 584,000
Inventories 467,200 365,000
Prepaid expenses 122,194 122,720
Total current assets $2,833,274 $2,702,160
Long-term investments 1,530,369 864,483
Property, plant, and equipment (net) 3,360,000 3,024,000
Total assets $7,723,643 $6,590,643
Liabilities
Current liabilities $858,568 $1,515,718
Long-term liabilities:
Mortgage note payable, 8% $1,260,000 $0
Bonds payable, 8% 1,540,000 1,540,000
Total long-term liabilities $2,800,000 $1,540,000
Total liabilities $3,658,568 $3,055,718
Stockholders' Equity
Preferred $0.70 stock, $40 par $520,000 $520,000
Common stock, $10 par 590,000 590,000
Retained earnings 2,955,075 2,424,925
Total stockholders' equity $4,065,075 $3,534,925
Total liabilities and stockholders' equity $7,723,643 $6,590,643

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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