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I need help with the ones that have an x on the answer. i have tried doing it but i keep getting the same answer.
I need help with the ones that have an x on the answer. i have tried doing it but i keep getting the same answer. please help
a. b. C. d. e. Answer is complete but not entirely correct. LAKE OF EGYPT MARINA, INC. Current ratio 2.13 times Quick ratio 0.88 times Cash ratio 0.42 times Inventory turnover 1.66 times Days' sales in inventory 219.73 Average collection period 80.30 days Average payment period 223.06 days Fixed asset turnover 1.26 % times Sales to working capital 260 times Total asset turnover 0.63 % times Capital intensity 66.90 times Debt ratio 66.90 % Debt-to-equity 2.02 times Equity multiplier 3.02 times Times interest earned 11.87 times Cash coverage 12.78 times Profit margin 0.35 % Gross profit margin 6 4.00 % Operating profit margin 54.60 % Basic earnings power 36.75 ROA 21.88 % ROE 67.72 % Dividend payout 13.95 Market-to-book ratio 1.09 times PE ratio 2.09 times COO m. n. 0. p. 9. r. W. Prev ere to search O B TH B T N Use the following financial statements for Lake of Egypt Marina, Inc. 2018 2017 $ 60 110 72 Se 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 marketable securities $ 100 $ 48 Accrued wages and taxes Accounts receivable Accounts payable Inventory 174 Notes payable Total $294 Total Fixed assets: Long-term debt: Gross plant and equipment $ 520 $330 Stockholders' equity: Less: Depreciation Preferred stock (3 million 60 shares) Common stock and paid in surplus Net plant and equipment $ 439 $270 (24 million shares) Other long-term assets 50 36 Retained earnings Total $ 489 $306 Total Total assets $1,000 $600 Total liabilities and equity $ 48 72 60 $180 $237 $ 240 $ 429 81 $ 3 5 3 24 24 304156 $ 331 $183 $1,000 $600 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Net sales (all credit) 500 $ 400 Less: Cost of goods sold 180 136 Gross profits $ 320 264 24 $ 439 (24 million shares) Retained earnings 50 Net plant and equipment Other long-term assets Total Total assets $270 36 $306 $600 $ 489 $1,000 Total Total liabilities and equ 24 24 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Net sales (all credit) $ 500 $ 400 Less: Cost of goods sold 180 136 Gross profits 320 $ 264 Less: Other operating expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) 240 Less: Depreciation 16 Earnings before interest and taxes (EBIT) 273. $ 224 Less: Interest 24 Earnings before taxes (EBT) $ 250 $ Less: Taxes Net income $ 140 Less: Preferred stock dividends $ 3 $ 3 Net income available to common stockholders $ 172 $ 137 Less: Common stock dividends Addition to retained earnings $ 148 $ 113 Per (common) share data: Earnings per share (EPS) $ 7.167 $ 5.708 Dividends per share (DPS) $ 1.000 $ 1.000 Book value per share (BVPS) $13.667 $ 7.500 Market value (price) per share (MVPS) $14.950 $12.750 $ 200 $ 175 24 Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2018. (Use sales when and use total equity when computing the equity multiplier. Round your answers to 2 decimal pl DE ERVOT RADINIAI Step by Step Solution
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