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construct the DuPont ROE and ROE breakdowns for Lake of Egypt Marina, Inc. (do not round intermediate calculations. Round ypur answer to 2 decimal places.)

construct the DuPont ROE and ROE breakdowns for Lake of Egypt Marina, Inc. (do not round intermediate calculations. Round ypur answer to 2 decimal places.) image text in transcribed
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Use the following financial statements for Lake of Egypt Marina, Inc. 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 $ 119 $112 Accrued wages and taxes Accounts receivable 90 104 Accounts payable Inventory 415 208 Notes payable Total 624 $424 Total Fixed assets Long-term debt! Groen plant and equipment $ 500 $448 Stockholders' equity Less Depreciation 155 120 Preferred stock (8 million shares) Common stock and paid-in surplus Net plant and equipment $ 345 $328 (72 million shares) Other long-term assets 50 48 Retained earnings Total 5 395 $376 Total Total assets $1,019 $800 Total liabilities and equity 80 70 60 210 435 $ 96 88 BO $264 $248 5 $ $ B $ 72 294 $ 374 $1,019 72 208 $288 $800 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Net sales (all credit) $ 700 500 Less: Cost of goods sold 392 250 Gross profits $ 308 250 Less: Other operating expenses 42 20 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 266 230 Less: Depreciation 35 25 Earnings before interest and taxes (EBIT) $ 231 205 Less: Interest 21 15 Earnings before taxes (EBT) $ 210 $ 190 Less: Taxes 44 57 Net income $ 166 133 Less: Preferred stock dividends $ 8 $ 8 Net income available to common stockholders 158 $ 125 Less: Common stock dividends 72 72 Addition to retained earnings $ 86 s 53 Per common) share data: Earnings per share (EPS) $ 2.194 $ 1.736 Dividends per share (DPS) $ 1.000 $ 1.000 Book value per share (BVPS) $ 5.083 $ 3.889 Market value (price) per share (MVPS) $15.450 $13.250 TEEN $ $ Construct the DuPont ROA and ROE breakdowns for Lake of Egypt Marina, Inc. (Do not round intermediate calculations, Round your answers to 2 decimal places.) ROA DuPont Analysis times times % ROE timos

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