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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 56 on December 31, 20Y2.

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 56 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 $ 1,568,100 $ 1,336,200
Net income 345,600 273,700
Total $ 1,830,100 $ 1,609,900
Dividends
On preferred stock $ 11,200 $ 11,200
On common stock 30,600 30,600
Total dividends $ 41,800 $ 41,800
Retained earnings, December 31 $ 1,871,900 $ 1,568,100

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $ 1,841,060 $ 1,696,210
Cost of goods sold 744,600 685,030
Gross profit $ 1,096,460 $ 1,011,180
Selling expenses $ 324,970 $ 411,180
Administrative expenses 276,830 241,480
Total operating expenses 601,800 652,660
Income from operations $ 494,660 $ 358,520
Other income 26,040 22,880
$ 520,700 $ 381,400
Other expense (interest) 128,000 70,400
Income before income tax $ 392,700 $ 311,000
Income tax expense 47,100 37,300
Net income $ 345,600 $ 273,700

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
Dec. 31, 20Y2 Dec. 31, 20Y1
Assets
Current assets
Cash $ 268,740 $ 346,970
Marketable securities 406,730 574,980
Accounts receivable (net) 365,000 343,100
Inventories 277,400 219,000
Prepaid expenses 50,842 69,390
Total current assets $ 1,368,712 $ 1,553,440
Long-term investments 1,304,708 507,441
Property, plant, and equipment (net) 1,920,000 1,728,000
Total assets $ 4,593,420 $ 3,788,881
Liabilities
Current liabilities $ 441,520 $ 660,781
Long-term liabilities
Mortgage note payable, 8 % $ 720,000 $ 0
Bonds payable, 8 % 880,000 880,000
Total long-term liabilities $ 1,600,000 $ 880,000
Total liabilities $ 2,041,520 $ 1,540,781
Stockholders' Equity
Preferred $ 0.70 stock, $ 20 par $ 320,000 $ 320,000
Common stock, $ 10 par 360,000 360,000
Retained earnings 1,871,900 1,568,100
Total stockholders' equity $ 2,551,900 $ 2,248,100
Total liabilities and stockholders' equity $ 4,593,420 $ 3,788,881

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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