Question

have not been able to calculate 11, 12 and 15.

eBook Calculator Measures of liquidity, Solvency and Profitability The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall Inc. common stock was $ 62 on December 31, 2072. Marshall Inc. Comparative Retained Earnings Statement For the Years Ended December 31, 20Y2 and 20Y1 2012 2011 Retained earnings, January 1 Net income $ 3,572,800 851,200 $ 4,424,000 $ 3,012,600 617,000 Total $ 3,629,600 Dividends $ 13,300 43,500 $ 56,800 $ 13,300 43,500 On preferred stock On common stock Total dividends Retained earnings, December 31 $ 56,800 $ 3.572,800 $ 4,367,200 Marshall Inc. Comparative Income Statement For the Years Ended December 31, 2012 and 2041 2012 2011 Previous

Answer 1

11. Asset turnover for 2012 = Total sales / [ ( Begining asset + Ending Asset ) /2 ]

= $4597175 / [( 9917767+10794960)/2]

=0.4438 times

12. Return on total Assets for 2012 = Earning befor Interest and Taxes / [ ( Begining asset + Ending Asset ) /2 ]

= $ 1255300 / [( 9917767+10794960)/2]

= 12.12 %

15. Earning per share = (net Income - preferred dividends) /  [ ( Begining shares + Ending shares  ) /2 ]

= (851200-13300) / [( 87000 + 87000 )/2]

= $ 9.6310 per share.