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1 . Calculate all of the ratios listed in the industry table for East coast Yachts es that no manufacturer dominates the market. The competition

1. Calculate all of the ratios listed in the industry table for East coast Yachts es that no manufacturer dominates the market. The competition in the market, as well
etail is a necessity. For example, East Coast Yachts will spend 80 to 100 hours on han
11 cap on the yacht's bow that conceivably could collide with a dock or another boat.
EAST COAST YACHTS
2. Compare the performance of East coast yachts to the industry as a whole. For each ratio comment on why it might be viewed as positive or negative compared to the industry.
3. Calculate the Sustainable Growth Rate and the External Funds Needed? Using the EFN, prepare pro-forma income statement and pro-forma balance sheet. Recalculate the ratios from question #1.
4. East Coast Management is unwilling to raise external equity capital, however, they expect to grow at 20% next year. What are your conclusions and recommendations to management regarding the expansion?
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