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please answer the h through y !! I am beggginggg Check my work 13 Use the following financial statements for Lake of Egypt Marina, Inc.
please answer the h through y !!
I am beggginggg
Check my work 13 Use the following financial statements for Lake of Egypt Marina, Inc. 10 points 2018 2017 eBook 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 $ 60 $ 28 Accrued wages and taxes Accounts receivable 50 36 Accounts payable Inventory 140 132 Notes payable Total $250 $196 Total Fixed assets: Long-term debt: Gross plant and equipment $300 $220 Stockholders' equity: Less: Depreciation 75 40 Preferred stock (8 million shares) Common stock and paid-in surplus Net plant and equipment $225 $180 (60 million shares) Other long-term assets 25 24 Retained earnings Total $250 $204 Total Total assets $500 $400 Total liabilities and equity $ 40 50 50 $140 $ 11 $ $ 32 40 32 $104 $124 Print References $ 8 60 281 $349 $500 60 194 $172 $400 $ LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 Net sales (all credit) $ 700 Less: Cost of goods sold 210 Gross profits $ 490 Less: Other operating expenses 49 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 441 Less: Depreciation 35 Earnings before interest and taxes (EBIT) $ 406 Less: Interest 56 Earnings before taxes (EBT) $ 350 Less: Taxes 105 2017 500 140 360 30 $ $ 330 25 305 35 270 81 $ AE Inn Check my work 13 10 points eBook Print 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) $ 700 $ 500 Less: Cost of goods sold 210 140 Gross profits $ 490 $ 360 Less: Other operating expenses 49 30 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 441 330 Less: Depreciation 35 25 Earnings before interest and taxes (EBIT) $ 406 $ 305 Less: Interest 56 35 Earnings before taxes (EBT) $ 350 $ 270 Less: Taxes 105 81 Net income $ 245 $ 189 Less: Preferred stock dividends $ 8 $ 8 Net income available to common stockholders $ 237 $ 181 Less: Common stock dividends 60 60 Addition to retained earnings $ $ 177 $ 121 Per (common) share data: Earnings per share (EPS) $ 3.950 $ 3.017 Dividends per share (DPS) $ 1.000 $ 1.000 Book value per share (BVPS) $ 5.683 $ 2.733 Market value (price) per share (MVPS) $15.050 $12.850 References SETELEME 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.) LAKE OF EGYPT MARINA, INC. a. Current ratio 1.79 times b. Quick ratio 0.79 times c. Cash ratio 0.43 times Check my work 13 10 points eBook Print References LAKE OF EGYPT MARINA, INC. a. Current ratio 1.79 times b. Quick ratio 0.79 times c. Cash ratio 0.43 times d. Inventory turnover 5.15 times e. Days' sales in inventory 68.87 days f. Average collection period 43.00 days 9. Average payment period 0.30 days h. Fixed asset tumover times i. Sales to working capital times j Total asset turnover times k Capital intensity times 1. Debt ratio m. Debt-to-equity times n. Equity multiplier times O. Times interest eamed times p. Cash coverage times 4. Profit margin % r. Gross profit margin % s. Operating profit margin % t. Basic earnings power % u. ROA % V. ROE % W. Dividend payout % X. Market-to-book ratio times y. PE ratio timesStep by Step Solution
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