1. Calculate all of the ratios listed in the industry table for East Coast Yachts.

a. Current Ratio

b. Quick Ratio

c. Total Asset Turnover

d. Inventory Turnover

e. Receivables Turnover

f. Total Debt to Assets Ratio

g. Debt to Equity Ratio

h. Equity Multiplier

i. Interest Coverage

j. Profit Margin

k. ROA

l. ROE

EAST COAST YACHTS 2019 Income Statement Sales Cost of goods sold Other expenses Depreciation Earnings before interest and taxes (EBIT) Interest Taxable income Taxes (40%) Net income Dividends $7,537,320 Addition to RE 5,024,880 $167,310,000 117,910,000 19,994,000 5,460,000 $23,946,000 3,009,000 $20,937,000 8,374,800 $12,562,200 EAST COAST YACHTS Balance Sheet as of December 31, 2019 Assets Liabilities & Equity Current assets Cash Accounts receivable Inventory Total Current liabilities Accounts payable Notes payable $6,461,000 13,078,000 $3,042,000 5,473,000 6,136,000 $14,651,000 Total $19,539,000 Long-term debt $33.735,000 Fixed assets Net plant and equipment $93,964,000 Shareholders' equity Common stock $5,200,000 Retained earnings 50,141,000 Total equity $55,341,000 Total liabilities $108,615,000 and equity Total assets $108,615,000