Problem 3-31 DuPont Analysis (LG3-6) Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars)
	2015			2014				2015			2014
Assets							Liabilities and Equity
Current assets:							Current liabilities:
Cash and marketable securities	$	45		$	33		Accrued wages and taxes	$	40		$	27
Accounts receivable		40			30		Accounts payable		35			24
Inventory		204			90		Notes payable		30			21
Total	$	289		$	153		Total	$	105		$	72
Fixed assets:							Long term debt:	$	163		$	132
Gross plant and equipment	$	255		$	165		Stockholders equity:
Less: Depreciation		69			36		Preferred stock (3 million shares)	$	3		$	3
							Common stock and paid-in surplus (15 million shares)		15			15
Net plant and equipment	$	186		$	129		Retained earnings		214			78
Other long-term assets		25			18
Total	$	211		$	147		Total	$	232		$	96
Total assets	$	500		$	300		Total liabilities and equity	$	500		$	300

LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2015 and 2014 (in millions of dollars)
	2015			2014
Net sales (all credit)	$	550		$	350
Less: Cost of goods sold		220			133
Gross profits	$	330		$	217
Less: Other operating expenses		44			28
Earnings before interest, taxes, depreciation, and amortization (EBITDA)	$	286		$	189
Less: Depreciation		33			21
Earnings before interest and taxes (EBIT)	$	253		$	168
Less: Interest		33			28
Earnings before taxes (EBT)	$	220		$	140
Less: Taxes		66			42
Net income	$	154		$	98
Less: Preferred stock dividends	$	3		$	3
Net income available to common stockholders	$	151		$	95
Less: Common stock dividends		15			15
Addition to retained earnings	$	136		$	80
Per (common) share data:
Earnings per share (EPS)	$	10.070		$	6.330
Dividends per share (DPS)	$	1.000		$	1.000
Book value per share (BVPS)	$	15.270		$	6.200
Market value (price) per share (MVPS)	$	15.650		$	13.450

Construct the DuPont ROA and ROE breakdowns for Lake of Egypt Marina, Inc. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

DuPont Analysis
ROA	%
ROE	%