Please note, a chart is one part! Required:Determine the following measures for 20Y2, 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, ifrequired. Assume 365 days a year. Fill out the chart.Working capitalCurrent ratioQuick ratioAccounts receivable turnoverNumber of days' sales in receivablesdaysInventory turnoverNumber of days' sales in inventorydaysRatio of fixed assets to long-term liabilitiesRatio of liabilities to stockholders' equityTimes interest earnedAsset turnoverReturn on total assets%Return on stockholders' equity%Return on common stockholders' equityEarnings per share on common stockPrice-earnings ratioDividends per share of common stockDividend yield% Marshall Inc.Measures of liquidity, Salvency, and PrafitabilityThe comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock wii $ 61 on December 31, 20Y2.Comparative Balance SheetMarshall in.December 31, 20Y2 and 20Y1Comparative Retained Earnings Statement20Υ220Υ1For the Years Ended December 31, 20Y2 and 20Y120Y220Y1Assetsoutained arnings, Janry 1$3,089,050$2,603,550Current assetsNet income729,600533,200Cash$912,500$815,990Total$3,818,650$3,136,750Marketable securities1,381,0801,352,220Dividends:On preferred stockS11,200$11,200Accounts receivable (net)781,100737,300On common stock36,50036,500Inventories584,000452,600Total dividends$47,700$47,700Prepaid expenses172,627163,200Rutained earngs, Decembir 31$3,770,950$3,080,050Total current assets$3,831,307$3,521,310Long-term investments1,386,498972,249Marshall inc.Comparative Income StatementProperty, plant, and equipment (net)4,550,0004,095,000For the Years Ended December 31, 20Y2 and 20Y1Total assets$9,767,805$8,588,55920Y220Y1LiabilitiesSales$4,327,440$3,987,130Cost of goods sold1,503,0701,382,820Current liabilities$1,126,855$2,199,509Gross profe$2,824,370$2,604,310Long-term liabilities:Seling expensess056.190$1,190,400Mortgage note payable, 8%$1,570,000s0Administrative expenses814,540699.130Total operating expenses$1,770.730Bonds payable, 8%1,930,0001,930,000$1.889.530Income from operations$1,053,640$714,780Total long-term liabilities$3,500,000$1,930,000Cther revanu55,46045,620Total liabilities$4,626,855$4,129,509$1,109,100$760,400Cter expense (interest)280,000154,400Stockholders' EquityIncome before income tax$829,100$606,000Preferred $0.70 stock, $40 par$640,000$640,000Income tan xpense99,50072,800Common stock, $10 par730,000730,000Net income$729,600$533,200Retained earnings3,770,9503,089,050Total stockholders' equity$5,140,950$4,459,050Total liabilities and stockholders' equity$9,767,805$8,588,559

Ratios play an important role in the analysis of the financial performance of an organization during…

Required: Determine the following measures for 20V2, 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. Fill out the chart. Working capital Current ratio Quick ratio Accounts receivable turnover Number of days' sales in receivables days Inventory turnover Number of days' sales in inventory days 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 Dividend yield

Required: Determine the following measures for 20V2, 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. Fill out the chart. Working capital Current ratio Quick ratio Accounts receivable turnover Number of days' sales in receivables days Inventory turnover Number of days' sales in inventory days 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 Dividend yield

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 8PB: The following select financial statement information from Vortex Computing. Compute the accounts...

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QUESTION: I need to determine the following measures for 20Y2 for numbers 6-18 (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 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 % I posted below the Comparative Retained Earnings Statement, Comparative…
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