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Could I get the answers for the blank ones? Thanks in advance!:) Use the following financial statements for Lake of Egypt Marina, Inc 2018 2017
Could I get the answers for the blank ones? Thanks in advance!:) Use the following financial statements for Lake of Egypt Marina, Inc 2018 2017 100 LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Assets Liabilities and Equity Current assets: Current liabilities: Cash and market alle becurities 112 Accrued vages and taxes Accounts receivable 90 104 Accounts payable Inventory 415 200 Notes payable Total $ 605 $424 Total Fixed assets! Long-term debt: Gross 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 $ 395 5376 Total Total asets $1,000 $800 Total liabilities and equity $ 80 70 60 $ 210 $ 435 $ 96 88 80 $264 $248 22 275 $ 355 $1,000 72 208 $288 $800 25 LAKE OF EGYPT MARIN, INC. Income Statement for Yes Ending December 31, 2018 and 2017 lions of dollars) 2018 2017 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 (EBITDAY 266 230 Least Depreciation 35 Earnings before interest and taxes (EBIT) 231 205 Least Interest 21 15 Earnings before taxes (EBT) $ 210 190 Leas: Taxes 63 57 Net income $ 147 S 133 Leas: Preferred stock dividende $ 0 8 Net income available to common stockholders $ 139 $ 125 Less: Common stock dividends 72 72 Addition to retained cornings 67 53 Per common) share data: Earnings per share (EPS) 01.931 1.736 Dividends per share (DPS) 1.000 1.000 Book value per share (BVPS) $4.819 $ 3.889 Harket value (price) per share (HVPS) $15.450 $13.250 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.) a LAKE OF EGYPT MARINA, INC. Current ratio 2.88 times b Quick ratio 0.90 times Cash ratio 0.48 times d Inventory turnover 1.69 times e Days' sales in inventory 216.39 days f Average collection period 46.93 days 9. Average payment period 65.18 days h. Fixed asset turnover 1.77 times 1. Sales to working capital times Total asset turnover times k. Capital intensity times 1. Debt ratio % m. Debt-to-equity times n. Equity multiplier times 0. Times interest earned times . times Cash coverage 9. Profit margin % Gross profit margin % Operating profit margin % t. Basic earnings power % % ROA % V. ROE W. Dividend payout % times Market-to-book ratio y times PE ratio S. X
Could I get the answers for the blank ones? Thanks in advance!:)
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