The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $$82\mathrm{.}80$ on December $31,20$Y$2.$

Marshall Inc.

Comparative Retained Earnings Statement

For the Years Ended December $31,20$Y$2$ and $20$Y$1$

$1$

$20$Y$2$

$20$Y$1$

$2$

Retained earnings, January $1$

$$3,716,000\mathrm{.}00$

$$3,266,000\mathrm{.}00$

$3$

Net income

$630,000\mathrm{.}00$

$560,000\mathrm{.}00$

$4$

Total

$$4,346,000\mathrm{.}00$

$$3,826,000\mathrm{.}00$

$5$

Dividends:

$6$

On preferred stock

$$10,000\mathrm{.}00$

$$10,000\mathrm{.}00$

$7$

On common stock

$100,000\mathrm{.}00$

$100,000\mathrm{.}00$

$8$

Total dividends

$$110,000\mathrm{.}00$

$$110,000\mathrm{.}00$

$9$

Retained earnings, December $31$

$$4,236,000\mathrm{.}00$

$$3,716,000\mathrm{.}00$

Marshall Inc.

Comparative Income Statement

For the Years Ended December $31,20$Y$2$ and $20$Y$1$

$1$

$20$Y$2$

$20$Y$1$

$2$

Sales

$$10,860,000\mathrm{.}00$

$$10,000,000\mathrm{.}00$

$3$

Cost of goods sold

$6,000,000\mathrm{.}00$

$5,440,000\mathrm{.}00$

$4$

Gross profit

$$4,860,000\mathrm{.}00$

$$4,560,000\mathrm{.}00$

$5$

Selling expenses

$$2,160,000\mathrm{.}00$

$$2,000,000\mathrm{.}00$

$6$

Administrative expenses

$1,627,500\mathrm{.}00$

$1,500,000\mathrm{.}00$

$7$

Total operating expenses

$$3,787,500\mathrm{.}00$

$$3,500,000\mathrm{.}00$

$8$

Income from operations

$$1,072,500\mathrm{.}00$

$$1,060,000\mathrm{.}00$

$9$

Other revenue

$99,500\mathrm{.}00$

$20,000\mathrm{.}00$

$10$

$$1,172,000\mathrm{.}00$

$$1,080,000\mathrm{.}00$

$11$

Other expense $($interest$)$

$132,000\mathrm{.}00$

$120,000\mathrm{.}00$

$12$

Income before income tax

$$1,040,000\mathrm{.}00$

$$960,000\mathrm{.}00$

$13$

Income tax expense

$410,000\mathrm{.}00$

$400,000\mathrm{.}00$

$14$

Net income

$$630,000\mathrm{.}00$

$$560,000\mathrm{.}00$

Marshall Inc.

Comparative Balance Sheet

December $31,20$Y$2$ and $20$Y$1$

$1$

$20$Y$2$

$20$Y$1$

$2$

Assets

$3$

Current assets:

$4$

Cash

$$1,050,000\mathrm{.}00$

$$950,000\mathrm{.}00$

$5$

Marketable securities

$301,000\mathrm{.}00$

$420,000\mathrm{.}00$

$6$

Accounts receivable $($net$)$

$586,000\mathrm{.}00$

$500,000\mathrm{.}00$

$7$

Inventories

$410,000\mathrm{.}00$

$380,000\mathrm{.}00$

$8$

Prepaid expenses

$107,000\mathrm{.}00$

$20,000\mathrm{.}00$

$9$

Total current assets

$$2,454,000\mathrm{.}00$

$$2,270,000\mathrm{.}00$

$10$

Long$-$term investments

$800,000\mathrm{.}00$

$800,000\mathrm{.}00$

$11$

Property, plant, and equipment $($net$)$

$5,750,000\mathrm{.}00$

$5,184,000\mathrm{.}00$

$12$

Total assets

$$9,004,000\mathrm{.}00$

$$8,254,000\mathrm{.}00$

$13$

Liabilities

$14$

Current liabilities

$$818,000\mathrm{.}00$

$$788,000\mathrm{.}00$

$15$

Long$-$term liabilities:

$16$

Mortgage note payable, $6\%,$

$$200,000\mathrm{.}00$

$$0\mathrm{.}00$

$17$

Bonds payable, $4\%,$

$3,000,000\mathrm{.}00$

$3,000,000\mathrm{.}00$

$18$

Total long$-$term liabilities

$$3,200,000\mathrm{.}00$

$$3,000,000\mathrm{.}00$

$19$

Total liabilities

$$4,018,000\mathrm{.}00$

$$3,788,000\mathrm{.}00$

$20$

Stockholders$$ Equity

$21$

Preferred $4\%$ stock, $$5$ par

$$250,000\mathrm{.}00$

$$250,000\mathrm{.}00$

$22$

Common stock, $$5$ par

$500,000\mathrm{.}00$

$500,000\mathrm{.}00$

$23$

Retained earnings

$4,236,000\mathrm{.}00$

$3,716,000\mathrm{.}00$

$24$

Total stockholders$$ equity

$$4,986,000\mathrm{.}00$

$$4,466,000\mathrm{.}00$

$25$

Total liabilities and stockholders$$ equity

$$9,004,000\mathrm{.}00$

$$8,254,000\mathrm{.}00$

Determine the following measures for $20$Y$2($round to one decimal place, including percentages, except for per$-$share amounts$)$: Assume a $365-$day year.

$1.$ Working capital

$2.$ Current ratio

$3.$ Quick ratio

$4.$ Accounts receivable turnover

$5.$ Number of days$$ sales in receivables

$6.$ Inventory turnover

$7.$ Number of days$$ sales in inventory

$8.$ 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