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The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 58 on December 31, 20Y2. Marshall

The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $ 58 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 $2,845,450 $2,409,950
Net income 607,200 493,600
Total $3,452,650 $2,903,550
Dividends:
On preferred stock $10,500 $10,500
On common stock 47,600 47,600
Total dividends $58,100 $58,100
Retained earnings, December 31 $3,394,550 $2,845,450

Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $3,378,440 $3,112,720
Cost of goods sold 1,267,280 1,165,900
Gross profit $2,111,160 $1,946,820
Selling expenses $671,140 $821,310
Administrative expenses 571,720 482,360
Total operating expenses $1,242,860 $1,303,670
Income from operations $868,300 $643,150
Other revenue 45,700 41,050
$914,000 $684,200
Other expense (interest) 224,000 123,200
Income before income tax $690,000 $561,000
Income tax expense 82,800 67,400
Net income $607,200 $493,600

Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
20Y2 20Y1
Assets
Current assets
Cash $674,970 $527,450
Marketable securities 1,021,580 874,050
Accounts receivable (net) 671,600 627,800
Inventories 511,000 394,200
Prepaid expenses 127,698 105,490
Total current assets $3,006,848 $2,528,990
Long-term investments 2,047,342 615,276
Property, plant, and equipment (net) 3,360,000 3,024,000
Total assets $8,414,190 $6,168,266
Liabilities
Current liabilities $939,640 $502,816
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 $3,739,640 $2,042,816
Stockholders' Equity
Preferred $0.70 stock, $40 par $600,000 $600,000
Common stock, $10 par 680,000 680,000
Retained earnings 3,394,550 2,845,450
Total stockholders' equity $4,674,550 $4,125,450
Total liabilities and stockholders' equity $8,414,190 $6,168,266

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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