The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.60 on December 31, 20Y2.

Instructions

Determine the following measures for 20Y2, rounding to one decimal place, including percentages, except for per-share amounts:

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

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Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Retained earnings, January 1. .$3,704,000 3,264,000 550,000 $4,304,000 $3,814,000 600,000 Total Dividends: On common stoclk Total dividends 100,000 110,000 110,000 4,194000 3,704000 100,000 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Y2 20Y1 Cost of goods sold. 6,000,000 5,450,000 5 2,170,000 2,000,000 1,627,5001,500,000 20,000 1,152,000 1,070,000 132,000 20,000 1,020,000 $ 950,000 99,500 420,000 600,000 Income tax expense 400 . . . 550,000 Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 20Y2 20Y1 Assets Current assets: 1,050,000 301,000 585,000 420,000 108,000 Cash 950,000 420,000 500,000 380,000 20,000 $2,464,000 $2,270,000 800,000 5,184,000 $9,024,000 $8,254,000 Inventories Total current assets. 800,000 5,760,000 Property, plant, and equipment (net) Liabilities $ 880 Long-term liabilities: Mortgage note payable, 696 . Bonds payable, 4% ...$ 200,000 3,000,000 3,200,000 4,080,000 3,000,000 $3,000,000 $3,800,000 Stockholders'Equity 500,000 4,194,000 4,944,000 500,000 3,704,000 $4,454,000 $8,254,000 Retained earnings