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Need help with this as i cant seem to figure it out . show formulas too please. 2018 2017 2018 2017 Assets Current assets: Cash
Need help with this as i cant seem to figure it out . show formulas too please.
2018 2017 2018 2017 Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation $ 120 110 306 $ 536 $ 84 98 196 $378 $ 60 70 80 $ 210 $ 356 $ 63 56 49 $168 $301 $ 520 106 $350 70 Liabilities and Equity Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Long-term debt: Stockholders' equity: Preferred stock (7 million shares) Common stock and paid-in surplus (42 million shares) Retained earnings Total Total liabilities and equity $ 7 Net plant and equipment Other long-term assets Total Total assets $ 414 50 $ 464 $1,000 $ 280 42 $322 $700 42 385 $ 434 $1,000 42 182 $231 $700 2017 $ 802 320 $ 480 64 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 Net sales (all credit) $ 900 Less: Cost of goods sold 414 Gross profits $ 486 Less: Other operating expenses 54 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 432 Less: Depreciation 36 Earnings before interest and taxes (EBIT) $ 396 Less: Interest 36 Earnings before taxes (EBT) $ 360 Less: Taxes 108 Net income $ 252 Less: Preferred stock dividends $ 7 Net income available to common stockholders $ 245 Less: Common stock dividends 42 Addition to retained earnings $ 203 Per (common) share data: Earnings per share (EPS) $ 5.833 Dividends per share (DPS) $ 1.000 Book value per share (BVPS) $10.167 Market value (price) per share (MVPS) $15.400 $ 416 48 368 48 320 96 $ $ 224 $ $ 7 217 42 175 $ $ 5.167 $ 1.000 $ 5.333 $13.200 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 b. Quick ratio c. Cash ratio d. Inventory turnover e Days' sales in inventory f. Average collection period 9. Average payment period h. Fixed asset turnover i. Sales to working capital Total asset turnover k Capital intensity 1 Debt ratio m. Debt-to-equity n. Equity multiplier 0. Times interest earned p. Cash coverage 9. Profit margin Gross profit margin s. Operating profit margin Basic earnings power u ROA ROE w. Dividend payout x. Market-to-book ratio y PE ratio times times times times days days days times times times times % times times times times % % % r. t. V. % % % times timesStep by Step Solution
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