LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2012 and 2011 (in millions of dollars)
	2012			2011				2012			2011
Assets							Liabilities and Equity
Current assets:							Current liabilities:
Cash and marketable securities	$	96		$	60		Accrued wages and taxes	$	48		$	60
Accounts receivable		88			66		Accounts payable		56			72
Inventory		248			156		Notes payable		64			78
Total	$	432		$	282		Total	$	168		$	210
Fixed assets:							Long term debt:	$	252		$	180
Gross plant and equipment	$	416		$	330		Stockholders equity:
Less: Depreciation		88			48		Preferred stock (6 million shares)	$	6		$	6
							Common stock and paid in surplus (48 million shares)		48			48
Net plant and equipment	$	328		$	282		Retained earnings		326			156
Other long term assets		40			36
Total	$	368		$	318		Total	$	380		$	210
Total assets	$	800		$	600		Total liabilities and equity	$	800		$	600

LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2012 and 2011 (in millions of dollars)

2012

2011

Net sales (all credit)

$

800

$

600

Less: Cost of goods sold

368

240

Gross profits

$

432

$

360

Less: Depreciation

40

36

Other operating expenses

40

24

Earnings before interest and taxes (EBIT)

$

352

$

300

Less: Interest

32

30

Earnings before taxes (EBT)

$

320

$

270

Less: Taxes

96

81

Net income

$

224

$

189

Less: Preferred stock dividends

$

6

$

6

Net income available to common stockholders

$

218

$

183

Less: Common stock dividends

48

48

Addition to retained earnings

$

170

$

135

Per (common) share data:

Earnings per share (EPS)

$

4.542

$

3.813

Dividends per share (DPS)

$

1.000

$

1.000

Book value per share (BVPS)

$

7.792

$

4.250

Market value (price) per share (MVPS)

$

15.350

$

13.150

Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end 2012.

a.	Current ratio		times
b.	Quick ratio		times
c.	Cash ratio		times
d.	Inventory turnover		times
e.	Days sales in inventory		days
f.	Average collection period		days
g.	Average payment period		days
h.	Fixed asset turnover		times
i.	Sales to working capital		times
j.	Total asset turnover		times
k.	Capital intensity		times
l.	Debt ratio		%
m.	Debt-to-equity		times
n.	Equity multiplier		times
o.	Times interest earned		times
p.	Cash coverage		times
q.	Profit margin		%
r.	Basic earnings power		%
s.	ROA		%
t.	ROE		%
u.	Dividend payout		%
v.	Market-to-book ratio		times
w.	PE ratio		times