Marshall Inc.

Comparative Balance Sheet

December $31,20Y2$ and $20Y1$Line Item Description $20Y220Y1$Assets Current assets: Cash$$1,050,000$$$950,000$ Marketable $securities301,000420,000$ Accounts receivable $(net)585,000500,000$ Inventories$420,000380,000$ Prepaid expenses$108,00020,000$ Total current assets$$2,464,000$$$2,270,000$Long$-$term investments$800,000800,000$Property, plant, and equipment $(net)5,760,0005,184,000$Total assets$ $9,024,000$$$8,254,000$Liabilities Current liabilities$ $880,000$$ $800,000$Long$-$term liabilities: Mortgage note payable, $6\%$$$200,000$$$0$ Bonds payable, $4\%3,000,0003,000,000$ Total long$-$term liabilities$$3,200,000$$$3,000,000$Total liabilities$$4,080,000$$$3,800,000$Stockholders$$ Equity Preferred $4\%$ stock, $$5$ par$$250,000$$$250,000$Common stock, $$5$ par$500,000500,000$Retained earnings$4,194,0003,704,000$Total stockholders$$ equity$$4,944,000$$$4,454,000$Total liabilities and stockholders$$ equity$$9,024,000$$$8,254,000$

Determine the following measures for $20Y2.$ Round $to$ one decimal place, including percentages, except for per$-$share amounts, which should $be$ rounded $to$ the nearest cent.

Determine the following measures for $20Y2.$ Round $to$ one decimal place, including percentages, except for per$-$share amounts, which should $be$ rounded $to$

Chapter $14$ Assignment $3$ assignment take frame

Working Capital

Current ratio

Quick ratio

Accounts receivable turnover

Days' sales $in$ receivables

Inventory turnover

Days' sales $in$ inventory

Ratio $of$ fixed assets $to$ long$-$term liabilities

Ratio $of$ liabilities $to$ stockholders' equity

Times interest earned

Asset turnover

Return $on$ total assets

Return $on$ stockholders' equity

Return $on$ common stockholders' equity

Earnings per share $on$ common stock

Price$-$earnings ratio

Dividends per share $of$ common stock

$

$1,584,000$

$$

$$

$X$

$X$

$X$ days

$X$

$X$ days

$$

$$

$x$

$X$

$X\%$

$X\%$

$X\%$

$

$

Dividend yield

Income tax expense

Marshall Inc.

Comparative Balance Sheet

December $31,20Y2$ and $20Y1$

$20Y2,20Y1$ Measures $of$ liquidity, solvency, and profitability

Chapter $14$ Assignment $3$ assignment take frame

shall Inc. are $as$ follows. The market price $of$ Marshall common stock was $$82\mathrm{.}60on$ December $31,20Y2.$

Marshall Inc.

Comparative Retained Earnings Statement

For the Years Ended December $31,20Y2$ and $20Y1$

Marshall Inc.

Comparative Income Statement

For the Years Ended December $31,20Y2$ and $20Y1$

Other revenue and expense:

Other revenue

Other expense $(interest)$

Income before income tax expense

Income tax expense