The market price of Marshall common stock was $ $57$ on December $31,20$Y$2.$

Marshall Inc.

Comparative Retained Earnings Statement

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

$20$Y$220$Y$1$

Retained earnings, January $1$ $$2,220,450$ $$1,873,650$

Net income $476,000383,700$

Dividends:

On preferred stock $(6,300)(6,300)$

On common stock $(30,600)(30,600)$

Retained earnings, December $31$ $$2,659,550$ $$2,220,450$

Marshall Inc.

Comparative Income Statement

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

$20$Y$220$Y$1$

Sales $$2,805,025$ $$2,584,380$

Cost of merchandise sold $1,131,5001,040,980$

Gross profit $$1,673,525$ $$1,543,400$

Selling expenses $$523,620$ $$648,760$

Administrative expenses $446,055381,020$

Total operating expenses $$969,675$ $$1,029,780$

Income from operations $$703,850$ $$513,620$

Other revenue and expense:

Other revenue $37,05032,780$

Other expense $($interest$)(200,000)(110,400)$

Income before income tax expense $$540,900$ $$436,000$

Income tax expense $64,90052,300$

Net income $$476,000$ $$383,700$

Marshall Inc.

Comparative Balance Sheet

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

$20$Y$220$Y$1$

Assets

Current assets:

Cash $$599,220$ $$454,110$

Marketable securities $906,930752,530$

Accounts receivable $($net$)547,500511,000$

Inventories $408,800321,200$

Prepaid expenses $113,37390,820$

Total current assets $$2,575,823$ $$2,129,660$

Long$-$term investments $1,551,322589,624$

Property, plant, and equipment $($net$)2,750,0002,475,000$

Total assets $$6,877,145$ $$5,194,284$

Liabilities

Current liabilities $$757,595$ $$633,834$

Long$-$term liabilities:

Mortgage note payable, $8\%$ $$1,120,000$ $$0$

Bonds payable, $8\%1,380,0001,380,000$

Total long$-$term liabilities $$2,500,000$ $$1,380,000$

Total liabilities $$3,257,595$ $$2,013,834$

Stockholders' Equity

Preferred $$0\mathrm{.}70$ stock, $$50$ par $$450,000$ $$450,000$

Common stock, $$10$ par $510,000510,000$

Retained earnings $2,659,5502,220,450$

Total stockholders' equity $$3,619,550$ $$3,180,450$

Total liabilities and stockholders' equity $$6,877,145$ $$5,194,284$

Required:

Determine the following measures for $20$Y$2,$ 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 $2$

$3\mathrm{.}4$

$3.$ 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 $18$

$\%$