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 Liabilities and Equity Current liabilities: $ 50 $ 56 Accrued wages and taxes 60 52 Accounts payable 205 Notes payable $315 $204 Total $ 48 $ 50 55 Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation 44 40 $165 $132 $136 $250 $232 60 90 $160 Net plant and equipment Other long-term assets $172 24 $196 Stockholders' equity: Preferred stock (4 million shares) Common stock and paid-in surplus (24 million shares) Retained earnings Total Total liabilities and equity 265 24 104 $132 $400 $185 293 $500 Total assets $500 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 Net sales (all credit) $ 600 Less: Cost of goods sold 216 Gross profits $ 384 Less: Other operating expenses Earnings before interest, taxes, depreciation, and $ 2017 400 120 280 24 36 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 $ 2018 600 216 $ 2017 400 120 384 29 348 ** 270 ** Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses 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) Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (MVPS) ulla ** 24 $ 161 $ 112 $ 7.708 $ 1.000 $12.042 $15.550 $ 5.667 $ 1.000 $ 5.333 $13.350 times times eBook Ask times times days days days times LAKE OF EGYPT MARINA, INC. a. Current ratio Quick ratio C. Cash ratio Inventory turnover e Days' sales in inventory f. Average collection period 9. Average payment period h. Fixed asset turnover Sales to working capital Total asset turnover Capital intensity Debt ratio m. Debt-to-equity n. Equity multiplier 0. Times interest earned p. Cash coverage 9. Profit margin times times times times times times times LIITICS times times m. eBook times times times times Ask VAICO LUWUINITY Lapilai Total asset turnover Capital intensity Debt ratio Debt-to-equity Equity multiplier Times interest earned p. Cash coverage q. Profit margin r. Gross profit margin s. Operating profit margin Basic earnings power u. ROA V. ROE w. Dividend payout X. Market-to-book ratio PE ratio times times