Use the following financial statements for Lake of Egypt Marina, Inc. 2021 2020 $ 40 98 88 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, 2021 and 2020 (in millions of dollars) 2021 2020 Liabilities and Equity Current liabilities: $ 75 $ 65 Accrued wages and taxes 115 110 Accounts payable 200 198 Notes payable $390 $365 Total Long-term debt: $ 580 $ 471 Stockholders' equity: 110 100 Preferred stock (5 million shares) $ 478 $371 Common stock and paid-in surplus (65 million shares) 50 49 Retained earnings $ 528 $420 Total $910 $785 Total liabilities and equity $ 43 80 70 $193 $288 $210 $300 $ 5 $ 5 Other long-term assets Total 65 330 $40e 65 242 $312 $785 Total assets $918 $ 2020 432 175 257 25 $ $ $ LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2021 and 2820 (in millions of dollars) 2021 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) $ 255 Less: Depreciation 22 Earnings before interest and taxes (EBIT) $ 233 Less: Interest 33 Earnings before taxes (EBT) $ 200 Less: Taxes 42 Net income $ 158 Less: Preferred stock dividends $ 5 Net income available to common stockholders $ 153 Less: Common stock dividends 65 Addition to retained earnings $ 88 Per (common) share data: Earnings per share (EPS) $ 2.354 Dividends per share (DPS) $ 1.000 Book value per share (BVPS) $ 6.077 Market value (price) per share (MVPS) $14.750 232 2e 212 30 182 55 $ 127 $ $ $ 5 122 65 57 $ $ 1.877 $ 1.ee $ 4.723 $12.550 c. 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 9. Average payment period h. Faced asset turnover i. Sales to working capital Total asset turnover k. Capital intensity L. 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 ROE w. Dividend payout X. Market-to-book ratio times times times times days days days times times times times % times times times times %6 96 r. 96 96 96 V. 96 % times