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Ta get Dan started with his analyses, Larissa provided the following financial statements. Dan then gathered the industry ratios for the yacht manufacturing industry. EAST
Ta get Dan started with his analyses, Larissa provided the following financial statements. Dan then gathered the industry ratios for the yacht manufacturing industry. EAST COAST YACHTS 2014 Income Statement $555,984,000 391,824,000 66,441,600 18,144,000 $ 79,574,400 10,000,800 $69,573,600 27,829,440 $ 41744160 $ 15,795,000 $ 25,949,160 Salas Cost of goods sold ing, general, and administrative EBIT Interest expense EST Taxes Dividends Ralained earnings Current assets Current iabitles S 10,108,800 Cash and equivalents Accotunis receivable Inventory ther Accounts payable 16,983,200 Notes payable 8,317,860 Accrved expenses 1,065,600 Total $23,814,400 16,852,500 5,566,500 46,233,400 current llabilities Total current assets s 46,475,460 . Fxed assets Long-term debt $131,904,000 $131,904,000 Property plant. andent5415,827,000 Toal long-erm liablites Les accumilated depreciation (103,496,300) Net property, plant,and equipiment $312,330,700 ntangie assets and others 6,156,000 Stockholders' equty $318,486,700 Preferred stock Tolal fixed assets $ 2,700,000 34,167,000 26,633,000 167,524,760 (43,200,000) $186,824,760 $364,962,160 Total Fabilities and shareholders' equity $364962,160 Common stock Capital susplus Accumulated retained eamings Less treasury stock Total equity Total assets
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