Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2023 2020 2021 2020 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $65 $33 Accrued wages and taxes $ 40 $ 27 Accounts receivable 40 30 Accounts payable 35 204 90 Inventory Notes payable 30 232 24 21 Total $309 $153 Total $105 $ 72 Fixed assets: Long-term debt: $163 $132 Gross plant and equipment $255 $165 Less: Depreciation 69 36 Net plant and equipment $186 $129 Other long term assets Total 25 18 $211 $147 Stockholders' equity: Preferred stock (3 million shares) Common stock and paid-in surplus (15 million shares) Retained earnings Total $ 3 $ 3 15 15 234 78 $2521 $ 96 Total assets $520 $300 Total liabilities and equity $520 $300 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Net sales (all credit) $ 550 $ 350 Less: Cost of goods sold 220 133 Gross profits $ 330 $ 217 Less: Other operating expenses 44 28 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 286 189 Less: Depreciation 33 21 Earnings before Interest and taxes (EBIT) $ 253 168 Less: Interest 33 28 Earnings before taxes (EBT) $ 220 $ 140 Less: Taxes 46 42 Net Income 174 $ 98 Less: Preferred stock dividends $ 3 Net income available to common stockholders $ 171 $ 95 Less: Common stock dividends 15 Addition to retained earnings $ 156 $ 80 Per (common) share data: Earnings per share (EPS) $11.400 $6.333 Dividends per share (DPS) 51.000 $ 1.000 Book value per share (BVPS) Market value (price) per share (HVPS) $16.600 S 6.200 $15.650 $13.450 Calculate the fall Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2021 (Use soles when computing the inventory turnover and use total equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.) LAKE OF EGYPT MARINA, INC. Industry a Current ratio times b. Quick ratio times C. Cash ratio times d. Inventory turnover times je Days' sales in inventory days Average collection period days g Average payment period days h. Fixed asset turnover times L Sales to working capital times Total asset turnover times K Capital intensity times L Debt ratio % m Debt-to-equity times n Equity multiplier Emes O Times interest eamed times P Cash coverage times 9 Profit margin % Gross profit margin % S Operating profit margin 56 It Basic earnings power % U ROA V ROE % W Dividend payout % x Market-to-book ratio times V PE ratio times