Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me with this Finance problem: Spreading the Financial StatementsSpread the balance sheets and income statements of Lake of Egypt Marina, Inc., for 2015

image text in transcribed

Please help me with this Finance problem:

Spreading the Financial StatementsSpread the balance sheets and income statements of Lake of Egypt Marina, Inc., for 2015 and 2014.(LG3-6)

ATTACHED: is the data

image text in transcribed \fRatios Current Ratio Quick Ratio Cash Ratio Inventory Turnover Ratio Days' Sales in Inventory Average Collection Period Average Payment Period Fixed Asset Turnover Sales to Working Capital Total Asset Turnover Capital Intensity Debt Ratio Debt -to-Equity Ratio Equity Multiplier Times Interest Earned Cash Coverage Profit Margin Gross Profit Margin Operating Profit Margin Basic Earnings Power ROA ROE Dividend Payout Ratio Market-to-Book Ratio PE Ratio Value for Lake of Egypt Marina, Inc. 390/210= 1.86 Times 1.86 Times (390 - 200)/210=0.90 Times 0.90 Times 75/210= 0.36 Times 0.36 Times 515/200-2.58 Times 2.58 Times (200*365)/515= 141.75 Days 141.75 Days (515*365)/515=81.50 81.50 Days (90*365)/230 142.83 Days 515/520= 0.99 Times 0.99 Times 515/(390-210) = 2.86 Times 2.86 Times 515/910= 0.57 Times 0.57 Times 910/515= 1.77 Times 1.77 Times (210+300)/900= 56.04% 56.04% (210+300)/400= 1.28 Times 1.28 Times 910/400= 2.28 Times 2.28 Times 233/33= 7.06 Times 7.06 Times EBIT + Depreciation/ Fixed 233+22/ ? Charge 138/515= 2.80% 2.80% (515-230)/515 = 55.34% 55.34% 233/515 = 45.24% 45.24% 233/910 = 25.60% 25.60% 138/910= 15.16% 15.16% 138/400= 34.5% 34.50% 65/138= 47.10% 47.10% 14.75/ 6.077= 2.43 Times 2.43 Times 14.75/2.123= 6.95 Times 6.95 Times Formula Value for Lake of Egypt Marina, Industry 2.00 Times 1.20 Times 0.25 Times 3.60 Times 101.39 Days 32.50 Days 45.00 Days 1.25 Times 4.25 Times 0.85 Times 1.18 Times 62.50% 1.67 Times 2.67 Times 8.50 Times 28.75% 56.45% 46.78% 32.50% 19.75% 36.88% 35% 2.55 Times 15.60 Times

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Case Studies in Finance Managing for Corporate Value Creation

Authors: Robert F. Bruner, Kenneth Eades, Michael Schill

7th edition

007786171X, 77861711, 978-0077861711

More Books

Students also viewed these Finance questions

Question

Explain why you either support or disapprove of unions.

Answered: 1 week ago