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Use the following financial statements for Lake of Egypt Marina, Inc. 2018 2017 LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018

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Use the following financial statements for Lake of Egypt Marina, Inc. 2018 2017 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 $ 42 Accrued wages and taxes Accounts receivable 36 Accounts payable Inventory 153 63 Notes payable Total $233 $141 Total Fixed assets Long-term debt: Gross plant and equipment $212 $186 Stockholders' equity: Less: Depreciation 65 45 Preferred stock (3 million shares) Common stock and paid-in surplus Net plant and equipment $147 $141 (21 million shares) Other long-term assets 20 18 Retained earnings Total $167 $159 Total Total assets $400 $300 Total liabilities and equity $ 28 32 36 $ 96 $ 51 $ 30 36 42 $100 $ 3 21 229 5253 $400 21 78 $102 $300 $ $ 2017 300 105 295 15 180 12 168 $ LAKE OF EGYPE MARINA, INC Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2010 Set sales (all credit) 500 Less: Cost of goods sold 180 Gross profits $ 320 Less Other operating expenses 30 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 290 Less: Depreciation 20 Earnings before interest and taxes (EBIT) $ 270 Lassi Interest 20 Earnings before taxes (EBT) $ 250 Less Taxes 75 Net Income $ 175 Less Preterred stock dividends $ 3 Net Income available to common stockholder $ 172 Last common stock dividends 21 Addition to retained earnings 151 Per (common) share data. Earninge per share (EPS) $ 3.190 Dividends per share (DPS) $ 1.000 Book value per share (BPS) $11.905 Market value (price) per share (HVPS) $15.250 $ $ 150 45 105 3 S $ 102 21 81 $ 4.857 $ 1.000 $ 4.714 $13.050 Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2018. (Use sales when computing the inventory turnover and rental anuluhan ramuan the numundar Dunare in 7 Harimalnara llea 165 de mar Prey 1 of 1 Score answer > Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2018. (Use sales when and use total equity when computing the equity multiplier. Round your answers to 2 decimal p eBook times times Ask c. times times days days days times times times LAKE OF EGYPT MARINA, INC. a Current ratio b. Quick ratio Cash ratio d. Inventory turnover e. Days' sales in inventory 1. Average collection period 9. Average payment period h. Fixed asset turnover Sales to working capital Total asset turnover k. Capital intensity 1. Debt ratio m. Debt-to-equity n. Equity multiplier 0. Times interest earned p. Cash coverage 9. Profit margin . 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 times % times times times times % % % % % % % times times

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