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Use the following financial statements for Lake of Egypt Marina, Incorporated LAKE OF EGYPT MARINA, INCORPORATED Balance Sheet as of December 3 1 , 2

Use the following financial statements for Lake of Egypt Marina, Incorporated
LAKE OF EGYPT MARINA, INCORPORATED
Balance Sheet as of December 31,2024 and 2023
(in millions of dollars)
2024202320242023
Assets Liabilities and Equity
Current assets: Current liabilities:
Cash and marketable securities $ 52 $ 36 Accrued wages and taxes $ 45 $ 33
Accounts receivable 4533 Accounts payable 4027
Inventory 20884 Notes payable 3524
Total $ 305 $ 153 Total $ 120 $ 84
Fixed assets: Long-term debt: $ 211 $ 117
Gross plant and equipment $ 260 $ 168 Stockholders equity:
Less: Depreciation 7839 Preferred stock (3 million shares) $ 3 $ 3
Net plant and equipment $ 182 $ 129 Common stock and paid-in surplus (18 million shares)1818
Other long-term assets 2518 Retained earnings 16078
Total $ 207 $ 147 Total $ 181 $ 99
Total assets $ 512 $ 300 Total liabilities and equity $ 512 $ 300
LAKE OF EGYPT MARINA, INCORPORATED
Income Statement for Years Ending December 31,2024 and 2023
(in millions of dollars)
20242023
Net sales (all credit) $ 650 $ 450
Less: Cost of goods sold 390261
Gross profits $ 260 $ 189
Less: Other operating expenses 5236
Earnings before interest, taxes, depreciation, and amortization (EBITDA)208153
Less: Depreciation 3927
Earnings before interest and taxes (EBIT) $ 169 $ 126
Less: Interest 3936
Earnings before taxes (EBT) $ 130 $ 90
Less: Taxes 2727
Net income $ 103 $ 63
Less: Preferred stock dividends $ 3 $ 3
Net income available to common stockholders $ 100 $ 60
Less: Common stock dividends 1818
Addition to retained earnings $ 82 $ 42
Per (common) share data:
Earnings per share (EPS) $ 5.556 $ 3.333
Dividends per share (DPS) $ 1.000 $ 1.000
Book value per share (BVPS) $ 9.889 $ 5.333
Market value (price) per share (MVPS) $ 15.600 $ 13.400
Construct the DuPont ROA and ROE breakdowns for Lake of Egypt Marina, Incorporated for the year ended 2024.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.Use the following financial statements for Lake of Egypt Marina, Incorporated
LAKE OF EGYPT MARINA, INCORPORATED
Income Statement for Years Ending December 31,2024 and 2023
(in millions of dollars)
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)
Construct the DuPont ROA and ROE breakdowns for Lake of Egypt Marina, Incorporated for the year ended 2024.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
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