Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end. Lake of Egypt Marina,
Question:
Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end.
Transcribed Image Text:
Lake of Egypt Marina, Inc. a. Current ratio b. Quick ratio c. Cash ratio d. Inventory turnover e. Days' sales in inventory f. Average collection period g. Average payment period h. Fixed asset turnover i. Sales to working capital j. Total asset turnover k. Capital intensity I. Debt ratio m. Debt-to-equity Industry 2.00 times 1.20 times 0.42 times 3.60 times 101.39 days 32.50 days 45.00 days 1.25 times 4.25 times 0.85 times 1.18 times 62.50% 1.67 times
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Calculate the following ratios for Lake of Egypt Marina Inc. as of year-end 2016. Using these ratios for Lake of Egypt Marina, Inc., and the industry, what can you conclude about Lake of Egypt...
-
1 Lake of Egypt Marina Inc, Balance Sheet as of December 31 2008. (In millions of dollars) Current Assets $ $ $ Cash and Marketable Securities 75 Accounts Receivable 115 Inventory 200 Fixed Assets...
-
How does stress affect your brain? Watch the video below before answering the following questions: How stress affects your brain - Madhumita Murgia CHRONIC STRESS 10 0:41/4:16 7 CC 1x LJ 1. Had you...
-
Suppose that one worker can shovel snow from a storefront sidewalk in 50 minutes and another worker can shovel it in 30 minutes. How long will it take if they work together?
-
An overhanging beam ABC supports a concentrated load P at the end of the overhang (see figure). Span AB has length L and the overhang has length a. ca
-
Using the IS-LM-FX model, illustrate how each of the following scenarios affect the home country. Compare the outcomes when the home country has a fixed exchange rate with the outcomes when the home...
-
What does research prescribe for managers aiming to increase self-efficacy and enhance motivation? LO.1
-
Write a Windows program that creates a child process that prints a greeting, sleeps for 20 seconds, then exits. The parent process should print a greeting before creating the child, and then...
-
_________________ has a two-way communication between terminal & phone in payment applications.
-
Calculate the internal and sustainable growth rates for Lake of Egypt Marina, Inc. A B C D E F G H J K L 1 2 3 Lake of Egypt Marina, Inc. Balance Sheet (in millions of dollars) 4 2024 2023 2024 2023...
-
Spread the balance sheets and income statements of Lake of Egypt Marina, Inc., for 2024 and 2023. A B C D E F G H J K L 1 2 3 Lake of Egypt Marina, Inc. Balance Sheet (in millions of dollars) 4 2024...
-
Two thick walls are separated by a vacuum gap of thickness \(L\). A cylinder of diameter \(D\) runs between the walls. All surfaces are highly polished (their emissivity is small). The walls are at...
-
Question 1 Consider the function g (x) = x-6x+1. The discriminant is [Select] [Select] and therefore the graph has x-intercepts.
-
Han Wu Manufacturing uses a job order cost system and applies overhead to production on the basisof direct labour hours. On January 1, 2023, Job no, 50 was the only job in process. The costs incurred...
-
Mr. A Background Mr. A is a 42-year-old divorced man assessed at intake to a crisis intervention unit. He was brought to the facility by the local law enforcement agency after his father complained...
-
QUESTION 1 The bank reconciliation statement of Honshu Ltd for February 2020 is set out below: 1) Bank reconciliation statement on 29 February 2020: < DR Balance as per bank statement Add:...
-
what do you think is the most important thing that adults can do to facilitate physical and motor development? Why?
-
You are given three investment alternatives to analyze. The cash flows from these three investments are as follows: Assuming a 20 percent discount rate, find the present value of eachinvestment....
-
Multiple Choice Questions: 1. The largest component of aggregate demand is? a. Government purchases. b. Net exports. c. Consumption. d. Investment. 2. A reduction in personal income taxes, other...
-
Sociology
-
I am unsure how to answer question e as there are two variable changes. In each of the following, you are given two options with selected parameters. In each case, assume the risk-free rate is 6% and...
-
On January 1, Interworks paid a contractor to construct a new cell tower at a cost of $850,000. The tower had an estimated useful life of ten years and a salvage value of $100,000. Interworks...
Study smarter with the SolutionInn App