Use the following financial statements for Lake of Egypt Marina, Inc. Assets LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Liabilities and Equity 2021 2020 Current assets: Current liabilities: Cash and marketable securities Accounts receivable $ 75 $ 65 Accrued wages and taxes $ 40 115 110 Accounts payable 90 $ 43 80 Inventory 200 190 Notes payable 80 70 Total $390 $365 Total $210 $193 Fixed assets: Long-term debt: $300 $280 Gross plant and equipment $580 $471 Less: Depreciation 110 100 Net plant and equipment $470 5371 Other long-term assets 50 49 Total $520 $420 Total assets $910 $785 Stockholders' equity: Preferred stock (5 million shares) Common stock and paid-in surplus (65 million shares) Retained earnings Total Total liabilities and equity $ 5 $ 5 65 65 330 242 $400 $312 $910 $785 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2021 and 2020 (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) 2021 $ 515 230 285 30 $ 255 22 14 A 2020 432 175 257 25 232 20 $ 233 Less: Interest 33 Earnings before taxes (EBT) $ 200 59 14 212 30 182 Less: Taxes 42 55 Net income 158 $ 127 Less: Preferred stock dividends $ 5 $ 5 Net income available to common stockholders $ 153 $ 122 Less: Common stock dividends 65 65 Addition to retained earnings $ 88 SA $ 57 Per (common) share data: Earnings per share (EPS) $ 2.354 $ 1.877 Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (MVPS) $ 1.000 $ 1.000 $ 6.077 $ 4.723 $14.750 $12.550 Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2021. (Use sales when computing the inventory turnover and use total stockholders' equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.) LAKE OF EGYPT MARINA, INC. a. Current ratio times b. Quick ratio times C. Cash ratio times d. Inventory turnover times e. Days' sales in inventory days Average collection period days Average payment period days h. Fixed asset turnover times i. Sales to working capital times j. Total asset turnover times k. Capital intensity times 1. Debt ratio % m. Debt-to-equity times n. Equity multiplier times o. Times interest earned times q. Profit margin r. Gross profit margin Operating profit margin % % % t. Basic earnings power % U. ROA 18.64 % V. ROE 43.59 % w. Dividend payout 42.48 % x. Market-to-book ratio 2.43 times y. PE ratio 2.58 times