2021 2020 LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 96 $ 60 Accrued wages and taxes Accounts receivable 72 45 Accounts payable Inventory 278 165 Notes payable Total $ 446 $ 270 Total Fixed assets: Long-term debt: Gross plant and equipment $416 $ 270 Stockholders' equity: Less: Depreciation 86 70 Preferred stock (2 million shares) Common stock and paid-in surplus Net plant and equipment $330 $200 (30 million shares) Other long-term assets 40 30 Retained earnings Total $ 370 $ 230 Total Total assets $816 $500 Total liabilities and equity $ 88 96 104 $288 $256 $ 40 45 60 $145 $193 $ 2 $ 2 30 240 $ 272 $816 30 130 $162 $ 500 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2021 and 2020 (in millions of dollars) 2021 $ $ 400 160 240 20 2020 200 70 130 $ $ 12 $ $ 220 16 204 24 180 38 118 8 110 10 100 30 $ $ Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes Net income Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends Addition to retained earnings Per (common) share data: Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (MVPS) $ 142 $ 70 $ $ $ $ 2 140 30 110 2 68 30 38 $ $ $ 4.667 $ 1.000 $ 9.000 $15.750 $ 2.267 $ 1.000 $ 5.333 $13.550 Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end 2021. (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.) a. b. C. d. e. days f. g. days h. i. j. k. I. Answer is not complete. LAKE OF EGYPT MARINA, INC. Industry Current ratio 1.54 times Quick ratio 0.58 times Cash ratio 0.33 times Inventory turnover 1.44 times Days' sales in inventory 253.68 Average collection period 65.70 days Average payment period 160.83 Fixed asset turnover 1.51 X times Sales to working capital 2.53 times Total asset turnover 0.61 times Capital intensity times Debt ratio % Debt-to-equity times Equity multiplier times Times interest earned times Cash coverage times Profit margin % Gross profit margin % Operating profit margin % Basic earnings power % ROA % ROE % Dividend payout 21.12 % Market-to-book ratio times PE ratio times m. n. 0. p. q. r. S. t. u. v. w. X. y