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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. $72,829

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 61 on December 31, 20Y2. $72,829 $114,000

1. Quick ratio

2.times interest earned

3. Return on total assets 4. Return on stockholders equity

5. Return on common stockholders equity

6. Earnings per share on common stock

7. Price-earnings ratio

8. Dividends per share of common stock

9. Dividend yield

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image text in transcribed

20Y1 Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 2012 and 2041 2012 Retained earnings, January 1 $2,054,150 Net income 454,400 Dividends: On preferred stock (7,700) On common stock (35,000) Retained earnings, December 31 $2,465,850 $1,740,350 356,500 (7,700) (35,000) $2,054,150 20Y1 $2,945,210 959,040 $1,986,170 $938,490 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 2041 2012 Sales $3,196,670 Cost of merchandise sold 1,042,440 Gross profit $2,154,230 Selling expenses $783,460 Administrative expenses 667,390 Total operating expenses $1,450,850 Income from operations $703,380 Other revenue and expense: Other revenu 37,020 Other expense (interest) (224,000) Income before income tax expense $516,400 Income tax expense 62,000 Net income $454,400 551,170 $1,489,660 $496,510 31,690 (123,200) $405,000 48,500 $356,500 Marshall Inc. Comparative Balance Sheet December 31, 2012 and 2041 2012 2011 Assets Current assets: Cash $397,730 $788,260 1,193,040 659,090 569,400 532,900 423,400 321,200 Marketable securities Accounts receivable (net) Inventories Prepaid expenses Total current assets Long-term investments Property, plant, and equipment (net) 79,550 149,136 $3,123,236 $1,990,470 92,325 949,049 3,080,000 2,772,000 Total assets $7,152,285 $4,854,795 $946,435 $320,645 $1,260,000 $0 1,540,000 1,540,000 $1,540,000 Liabilities Current liabilities Long-term liabilities: Mortgage note payable, 8% Bonds payable, 8% Total long-term liabilities Total liabilities Stockholders' Equity Preferred $0.70 stock, $40 par Common stock, $10 par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $2,800,000 $3,746,435 $1,860,645 $440,000 $440,000 500,000 500,000 2,465,850 $3,405,850 2,054,150 $2,994,150 $7,152,285 $4,854,795

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