I need to determine the following measures for 20Y2 for numbers 11-13   (Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts): 1. Working Capital $ 1,584,000.00 2. Current ratio 2.8 3. Quick ratio 2.2 4. Accounts receivable turnover 20.0 5. Number of days’ sales in receivables 18.3 6. Inventory turnover 15.0 7. Number of days’ sales in inventory 24.3 8. Ratio of fixed assets to long-term liabilities   9. Ratio of liabilities to stockholders’ equity 0.8 10. Times interest earned 8.7 11. Asset turnover   12. Return on total assets   13. Return on stockholders’ equity   14. Return on common stockholders’ equity   %13.3 15. Earnings per share on common stock $5.90   16. Price-earnings ratio   17. Dividends per share of common stock $1.0   18. Dividend yield   % I posted below the Comparative Retained Earnings Statement, Comparative Income Statement, and the Comparative Balance Sheet in reference to finding answers for #6-18. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 1   20Y2 20Y1 2 Retained earnings, 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 $10,000.00 $10,000.00 7 On common stock 100,000.00 100,000.00 8 Total dividends $110,000.00 $110,000.00 9 Retained earnings, December 31 $4,194,000.00 $3,704,000.00   Marshall Inc. Comparative Income Statement For the Years Ended December 31, 20Y2 and 20Y1 1   20Y2 20Y1 2 Sales $10,850,000.00 $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 $2,170,000.00 $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 $1,050,000.00 9 Other revenue 99,500.00 20,000.00 10   $1,152,000.00 $1,070,000.00 11 Other expense (interest) 132,000.00 120,000.00 12 Income before income tax $1,020,000.00 $950,000.00 13 Income tax expense 420,000.00 400,000.00 14 Net income $600,000.00 $550,000.00   Marshall Inc. Comparative Balance Sheet December 31, 20Y2 and 20Y1 1   20Y2 20Y1 2 Assets     3 Current assets:     4 Cash $1,050,000.00 $950,000.00 5 Marketable securities 301,000.00 420,000.00 6 Accounts receivable (net) 585,000.00 500,000.00 7 Inventories 420,000.00 380,000.00 8 Prepaid expenses 108,000.00 20,000.00 9 Total current assets $2,464,000.00 $2,270,000.00 10 Long-term investments 800,000.00 800,000.00 11 Property, plant, and equipment (net) 5,760,000.00 5,184,000.00 12 Total assets $9,024,000.00 $8,254,000.00 13 Liabilities     14 Current liabilities $880,000.00 $800,000.00 15 Long-term liabilities:     16 Mortgage note payable, 6%, $200,000.00 $0.00 17 Bonds payable, 4%, 3,000,000.00 3,000,000.00 18 Total long-term liabilities $3,200,000.00 $3,000,000.00 19 Total liabilities $4,080,000.00 $3,800,000.00 20 Stockholders’ Equity     21 Preferred 4% stock, $5 par $250,000.00 $250,000.00 22 Common stock, $5 par 500,000.00 500,000.00 23 Retained earnings 4,194,000.00 3,704,000.00 24 Total stockholders’ equity $4,944,000.00 $4,454,000.00 25 Total liabilities and stockholders’ equity $9,024,000.00 $8,254,000.00

QUESTION: I need to determine the following measures for 20Y2 for numbers 11-13

 
(Determine the following measures for 20Y2 (round to one decimal place, including percentages, except for per-share amounts):
1. Working Capital $

1,584,000.00
2. Current ratio
2.8
3. Quick ratio
2.2
4. Accounts receivable turnover
20.0
5. Number of days’ sales in receivables
18.3
6. Inventory turnover
15.0
7. Number of days’ sales in inventory
24.3
8. Ratio of fixed assets to long-term liabilities
 
9. Ratio of liabilities to stockholders’ equity
0.8
10. Times interest earned
8.7
11. Asset turnover  
12. Return on total assets
 
13. Return on stockholders’ equity
 
14. Return on common stockholders’ equity
 

%13.3

15. Earnings per share on common stock $5.90

 
16. Price-earnings ratio
 
17. Dividends per share of common stock $1.0

 
18. Dividend yield
 

%

I posted below the Comparative Retained Earnings Statement, Comparative Income Statement, and the Comparative Balance Sheet in reference to finding answers for #6-18.

Marshall Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 20Y2 and 20Y1
1
 
20Y2
20Y1
2
Retained earnings, 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
$10,000.00
$10,000.00
7
On common stock
100,000.00
100,000.00
8
Total dividends
$110,000.00
$110,000.00
9
Retained earnings, December 31
$4,194,000.00
$3,704,000.00
 
Marshall Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
1
 
20Y2
20Y1
2
Sales
$10,850,000.00
$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
$2,170,000.00
$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
$1,050,000.00
9
Other revenue
99,500.00
20,000.00
10
 
$1,152,000.00
$1,070,000.00
11
Other expense (interest)
132,000.00
120,000.00
12
Income before income tax
$1,020,000.00
$950,000.00
13
Income tax expense
420,000.00
400,000.00
14
Net income
$600,000.00
$550,000.00
 
Marshall Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1
1
 
20Y2
20Y1
2
Assets
 
 
3
Current assets:
 
 
4
Cash
$1,050,000.00
$950,000.00
5
Marketable securities
301,000.00
420,000.00
6
Accounts receivable (net)
585,000.00
500,000.00
7
Inventories
420,000.00
380,000.00
8
Prepaid expenses
108,000.00
20,000.00
9
Total current assets
$2,464,000.00
$2,270,000.00
10
Long-term investments
800,000.00
800,000.00
11
Property, plant, and equipment (net)
5,760,000.00
5,184,000.00
12
Total assets
$9,024,000.00
$8,254,000.00
13
Liabilities
 
 
14
Current liabilities
$880,000.00
$800,000.00
15
Long-term liabilities:
 
 
16
Mortgage note payable, 6%,
$200,000.00
$0.00
17
Bonds payable, 4%,
3,000,000.00
3,000,000.00
18
Total long-term liabilities
$3,200,000.00
$3,000,000.00
19
Total liabilities
$4,080,000.00
$3,800,000.00
20
Stockholders’ Equity
 
 
21
Preferred 4% stock, $5 par
$250,000.00
$250,000.00
22
Common stock, $5 par
500,000.00
500,000.00
23
Retained earnings
4,194,000.00
3,704,000.00
24
Total stockholders’ equity
$4,944,000.00
$4,454,000.00
25
Total liabilities and stockholders’ equity
$9,024,000.00
$8,254,000.00
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