$ 2017 300 185 195 15 s $ Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 Net sales (all credit) $ 50e Less: Cost of goods sold 180 Gross profits $ 320 Less: Other operating expenses 30 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 290 Less: Depreciation 20 Earnings before interest and taxes (EBIT) $ 270 Less: Interest 20 Earnings before taxes (EBT) $ 250 Less: Taxes 75 Net income $ 175 Less: Preferred stock dividends $ 3 Net income available to common stockholders $ 172 Less: Common stock dividends 21 Addition to retained earnings $ 151 Per (common) share data: $ 8.190 Earnings per share (EPS) $ 1.000 Dividends per share (DPS) $11.905 Book value per share (BVPS) $15.250 Market value (price) per share (MVPS) $ 180 12 168 18 150 45 105 3 102 21 $ $ $ $ 82 $ 4.857 $ 1.000 $ 4.714 $13.05 Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2018. (Use sales when computing the inventory turnover and use total equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.) Use the following financial statements for Lake of Egypt Marina, Inc. 2018 2017 Assets Current assets: Cash and marketable securities - Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Liabilities and Equity Current liabilities: $ 44 $ 42 Accrued wages and taxes 36 36 Accounts payable 153 63 Notes payable $233 $141 Total Long term debt: $212 $186 Stockholders' equity: 65 45 Preferred stock (3 million shares) Common stock and paid in surplus $147 $141 (21 million shares) 20 18 Retained earnings $167 $159 Total $400 $300 Total liabilities and equity $ 28 32 36 $ 96 $ 51 $ 30 36 42 $108 $ 9e $ 3 $ 3 Net plant and equipment Other long-term assets Total Total assets 229 $253 $400 21 78 $102 $300 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 2017 14.50 times 9. Cash coverage Profit margin Gross profit margin 35.00 X % r. 64.00 0%