The following financial statements for Lake of Egypt Marina, Inc. 2018 2017 $40 $43 110 Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation Net plant and equipment LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Liabilities and Equity Current liabilities: $ 75 $ 65 Accrued wages and taxes 115 Accounts payable 200 190 Notes payable $390 $365 Total Long-term debt: Stockholders' equity: Preferred stock (5 million shares) Common stock and paid-in surplus (65 million shares) Retained earnings Total 5785 Total liabilities and equity 80 $210 See $193 528e $ 5 Other long-term assets Total Total assets Help Save & Exit Subm 2017 432 175 $ 257 25 232 212 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 Net sales (all credit) $ 515 Less: Cost of goods sold 230 Gross profits $ 285 Less: Other operating expenses 30 Earnings before interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest Earnings before taxes (EBT) Less: Taxes Net income Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends Addition to retained earnings Per common) share data: Earnings per share (EPS) $ 2.123 Dividends per share (DPS) $ 1.000 Book value per share (BVPS) $6.077 Market value (price) per share (MVPS) $14.750 | $ 5 122 1.877 $ 1.eee $4.723 $12.55e Help Save & Exit Submi Lake of Egypt Marina, Inc. a. Current ratio b. Quick ratio C. Cash ratio d. Inventory turnover e. Days' sales in inventory f. Average collection period 8. Average payment period h. Fixed asset turnover i. Sales to working capital j. Total asset turnover k. Capital intensity 1. Debt ratio m. Debt-to-equity n. Equity multiplier 0. Tines interest earned p. Cash coverage 9. 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 y. PE ratio Industry 2.ee times 1.20 times 0.25 times 3.60 times 101.39 days 32.52 days 45.ee days 1.25 times 4.25 times 0.85 times 1.18 times 62.50% 1.67 times 2.67 times 8.50 times 8.75 times 28.75 % 56.45 % 46.78 % 32.50 % 19.75 36.88 35.00 2.55 times 15.60 times Using the ratios for Lake of Eavot Marina shown above, what can vou conclude about Lake of Eavot Marina's financial performance for 15.60 times Using the ratios for Lake of Egypt Marina shown above, what can you conclude about Lake of Egypt Marina's financial performance for 2018? Liquidity Asset management Profit ratio
