The comparative financial statements of marshall inc. are as follows. the market price of marshall common stock was $82.60 on december 31, 20y2.marshall inc. comparative retained earnings statementfor the years ended december 31, 20y2 and 20y1120y220y12retained earnings, january 1$3,704,000.00$3,264,000.003net income600,000.00550,000.004total$4, 304,000.00$3,814,000.005dividends: 6on preferred stock$10,000.00$10,000.007on common stock100,000.00100,000.008total dividends$110,000.00$110,000.009ret ained earnings, december 31$4,194,000.00$3,704,000.00marshal l inc. comparative income statementfor the years ended december 31, 20y2 and 20y1120y220y12sales$10,850,000.00$1 0,000,000.003cost of goods sold6,000,000.005,450,000.004gross profit$4,850,000.00$4,550,000.005se lling expenses$2,170,000.00$2,000,000.006 administrative expenses1,627,500.001,500,000.007to tal operating expenses$3,797,500.00$3,500,000.008 income from operations$1,052,500.00$1,050,000.0 09other income99,500.0020,000.0010$1,152,00 0.00$1,070,000.0011other expense (interest)132,000.00120,000.0012inc ome before income tax$1,020,000.00$950,000.0013income tax expense420,000.00400,000.0014net income$600,000.00$550,000.00marshal l inc. comparative balance sheetdecember 31, 20y2 and 20y1120y220y12assets3current assets: 4cash$1,050,000.00$950,000.005marke table securities301,000.00420,000.006acco unts receivable (net)585,000.00500,000.007inventori es420,000.00380,000.008prepaid expenses108,000.0020,000.009total current assets$2,464,000.00$2,270,000.0010l ong-term investments800,000.00800,000.0011pr operty, plant, and equipment (net)5,760,000.005,184,000.0012tota l assets$9,024,000.00$8,254,000.0013l iabilities14current liabilities$880,000.00$800,000.0015 long-term liabilities: 16mortgage note payable, 6%,$200,000.00$0.0017bonds payable, 4%,3,000,000.003,000,000.0018total long-term liabilities$3,200,000.00$3,000,000. 0019total liabilities$4,080,000.00$3,800,000. 0020stockholders’ equity21preferred 4% stock, $5 par$250,000.00$250,000.0022common stock, $5 par500,000.00500,000.0023retained earnings4,194,000.003,704,000.0024t otal stockholders’ equity$4,944,000.00$4,454,000.0025t otal liabilities and stockholders’ equity$9,024,000.00$8,254,000.00det ermine the following measures for 20y2 (round to one decimal place, including percentages, except for per-share amounts): 1. working capital2. current ratio3. quick ratio4. accounts receivable turnover5. number of days’ sales in receivables6. inventory turnover7. number of days’ sales in inventory8. ratio of fixed assets to long-term liabilities9. ratio of liabilities to stockholders’ equity10. times interest earned11. asset turnover12. return on total assets13. return on stockholders’ equity14. return on common stockholders’ equity15. earnings per share on common stock16. price-earnings ratio17. dividends per share of common stock18. dividend yieldquestionsdetermine the following measures for 20y2 (round 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 % answer questions filling in the blanks