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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 59 on December 31, 20Y2. Marshall

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 59 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 $ 3,340,100 $ 2,813,600
Net income 769,600 576,300
Total $4,109,700 $ 3,389,900
Dividends:
On preferred stock $ 9,800 $ 9,800
On common stock 40,000 40,000
Total dividends $ 49,800 $ 49,800
Retained earnings, December 31 $ 4,059,900 $ 3,340,100

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $ 4,797,560 $ 4,420,210
Cost of goods sold 1,799,450 1,655,490
Gross profit $ 2,998,110 $ 2,764,720
Selling expenses $ 981,580 $ 1,234,020
Administrative expenses 836,160 724,740
Total operating expenses 1,817,740 1,958,760
Income from operations $ 1,180,370 $ 805,960
Other revenue 62,130 51,440
$ 1,242,500 $ 857,400
Other expense (interest) 368,000 202,400
Income before income tax $ 874,500 $ 655,000
Income tax expense 104,900 78,700
Net income $ 769,600 $ 576,300

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
Dec. 31, 20Y2 Dec. 31, 20Y1
Assets
Current assets
Cash $ 1,021,530 $ 718,160
Marketable securities 1,546,090 1,190,090
Accounts receivable (net) 934,400 876,000
Inventories 700,800 540,200
Prepaid expenses 193,261 143,630
Total current assets $ 4,396,081 $ 3,468,080
Long-term investments 2,219,709 436,643
Property, plant, and equipment (net) 5,060,000 4,554,000
Total assets $ 11,675,790 $ 8,458,723
Liabilities
Current liabilities $ 1,515,890 $ 1,088,623
Long-term liabilities
Mortgage note payable, 8 % $ 2,070,000 $ 0
Bonds payable, 8 % 2,530,000 2,530,000
Total long-term liabilities $ 4,600,000 $ 2,530,000
Total liabilities $ 6,115,890 $ 3,618,623
Stockholders' Equity
Preferred $ 0.70 stock, $ 50 par $ 700,000 $ 700,000
Common stock, $ 10 par 800,000 800,000
Retained earnings 4,059,900 3,340,100
Total stockholders' equity $ 5,559,900 $ 4,840,100
Total liabilities and stockholders' equity $ 11,675,790 $ 8,458,723

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 $
2. Current ratio
3. Quick ratio
4. Accounts receivable turnover
5. Number of days' sales in receivables days
6. Inventory turnover
7. Number of days' sales in inventory days
8. Ratio of fixed 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 %

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