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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 61 on December 31, 20Y2. Marshall

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
20Y2 20Y1
Retained earnings, January 1 $1,021,975 $868,125
Net income 240,000 177,800
Total $1,261,975 $1,045,925
Dividends:
On preferred stock $7,700 $7,700
On common stock 16,250 16,250
Total dividends $23,950 $23,950
Retained earnings, December 31 $1,238,025 $1,021,975

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $1,324,950 $1,220,700
Cost of goods sold 470,120 432,510
Gross profit $854,830 $788,190
Selling expenses $280,680 $350,880
Administrative expenses 239,090 206,070
Total operating expenses $519,770 $556,950
Income from operations $335,060 $231,240
Other revenue 17,640 14,760
$352,700 $246,000
Other expense (interest) 80,000 44,000
Income before income tax $272,700 $202,000
Income tax expense 32,700 24,200
Net income $240,000 $177,800

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 20Y1
Assets
Current assets
Cash $298,900 $260,870
Marketable securities 452,380 432,290
Accounts receivable (net) 248,200 233,600
Inventories 189,800 146,000
Prepaid expenses 56,548 52,170
Total current assets $1,245,828 $1,124,930
Long-term investments 628,617 538,807
Property, plant, and equipment (net) 1,200,000 1,080,000
Total assets $3,074,445 $2,743,737
Liabilities
Current liabilities $366,420 $701,762
Long-term liabilities:
Mortgage note payable, 8% $450,000 $0
Bonds payable, 8% 550,000 550,000
Total long-term liabilities $1,000,000 $550,000
Total liabilities $1,366,420 $1,251,762
Stockholders' Equity
Preferred $0.70 stock, $20 par $220,000 $220,000
Common stock, $10 par 250,000 250,000
Retained earnings 1,238,025 1,021,975
Total stockholders' equity $1,708,025 $1,491,975
Total liabilities and stockholders' equity $3,074,445 $2,743,737

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

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