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

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Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts):
1. Working capital
The excess of the current assets of a business over its current liabilities.
2. Current ratio
A financial ratio that is computed by dividing current assets by current liabilities.
3. Quick ratio
A financial ratio that measures the ability to pay current liabilities with quick assets (cash, temporary investments, accounts receivable), computed as quick assets divided by current liabilities.
4. Accounts receivable turnover
The relationship between sales and accounts receivable, computed by dividing the sales by the average net accounts receivable; measures how frequently during the year the accounts receivable are being converted to cash.

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Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 1 20Υ2 20Υ1 2 Retained eamings, January 1 $3,704,000.00 $3,264,000.00 3 Net income 600,000.00 550,000.00 4 Total $4,304,000.00 $3,814,000.00 5 Dividends: 6 On preferred stock S10,000.00 $10,000.00 7 On common stock 100,000.00 100,000.00 8 Total dividends S110,000.00 $110,000.00 9 Retained eamings, December 31 $4,194,000.00 $3,704,000.00 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 20Υ2 20Υ1 2 Sales S10,850,000.00 $10,000,000.00 3 Cost of goods sold 6,000,000.00 5,450,000.00 4 Gross profit $4,850,000.00 $4,550,000.00 5 Selling expenses S2,170,000.00 $2,000,000.00 6 Administrative expenses 1,627,500.00 1,500,000.00 7 Total operating expenses $3,797,500.00 $3,500,000.00 8 Income from operations $1,052,500.00 S1,050,000.00 9 Other income 99,500.00 20,000.00