Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end2015. Lake of Egypt Marina,
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Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end2015.
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Lake of Egypt Marina, Inc Balance Sheet as of December 31,2015 and 2014 in millions of dollars Assets 2015 2014 Liabilities & Equity 2015 2014 Current assets Cash andmarketable Curent liabilities Accrued wages and S 75 S 65 taxes $ 40 $ 43 Accounts receivable Inventory 115 110 Accountspayable 200190 Notes payable 90 S 210 193 S 300 S 280 Total S 390 S 365 Total Fixed assets Gross plant and equipment Less: Depreciation Net plant and equipment Long-term debt: S 580 S 471 Stockholders' equity: 110100 Preferred stock (5 million shares) S 5 S 5 Common stock and S 470 S 371 Other long-tenm assets 50 49 paid-in suplus (65 million shares) 65 Total S 520 420 Retained eamings 330 242 400 312 and equity $910 785 Total Total assets S10 S 85 Totalliabilities Lake of Egypt Marina, Inc Income Statement for Years Ending December 31,2015 and 2014 millions of dollars $515 Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses Eamings before interest, taxes, depreciation, and S 432 $257 25 $285 amortization (EBITDA Less: Depreciation Eamings before interest andtaxes (EBIT) Less: Interest Eamings before taxes (EBT) Less: Taxes Net income $255 $233 $200 $232 20 $212 30 $182 S 143 $ 127 Less: Preferred stock dividends Net income available to common stockholders $138 65 $ 73 $122 ess: Common stock dividends Addition to retained eamings S 57 Per (common) share data Eamings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (MVPS) $2.123 $1.000 $6.077 $14.750 $1.877 $1.000 $4.723 $12.550
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Related Book For
Finance Applications and Theory
ISBN: 978-0077861681
3rd edition
Authors: Marcia Cornett, Troy Adair
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