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) 2021 2020 Assets Current assets: 2021 2020 Liabilities and Equity Current liabilities: Cash and marketable securities Accounts receivable $ 91 $ 28 Accrued wages and taxes $ 40 $ 32 50 36 Accounts payable 50 40 Inventory 140 132 Notes payable 50 32 Total $281 $196 Total $140 $104 Fixed assets: Long-term debt: $11 $124 Gross plant and equipment $300 $220 Stockholders' equity: Less: Depreciation 75 40 Preferred Stock (8 million shares) $ 8 $8 Net plant and equipment $225 $180 Other long-term assets Total 25 24 $250 $204 Total assets $531 $400 Common stock and paid-n surplus (60 million shares) Retained earnings Total Total liabilities and equity 60 60 312 104 $380 $172 $531 $400 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) $ 700 500 Less: Cost of goods sold 210 140 Gross profits $ 490 360 Less: Other operating expenses 49 30 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 441 330 Less: Depreciation 35 25 Earnings before interest and taxes (EBIT) $ 406 $ 305 Less: Interest 56 35 Earnings before taxes (EBT) $ 350 $ 270 Less: Taxes 74 81 Net income $ 276 $ 189 Less: Preferred stock dividends $ 8 $ 8 Net income available to common stockholders $ 268 $ 181 Less: Common stock dividends 60 60 Addition to retained earnings $ 208 $ 121 Per (common) share data: Earnings per share (EPS) $ 4,467 $3.017 Dividends per share (DPS) $ 1.000 Book value per share (BVPS) Market value (price) per share (MVPS) $ 6.200 $15.050 $1.000 $ 2.733 $12.850 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 equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.) $15.050 $12.850 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 equity when computing the equity multipller. 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 e. Days' sales in inventory days f. Average collection period days 9. Average payment period days h. Fixed asset turnover times T. 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 0. Times interest earned times P Cash coverage times q. Profit margin % Gross profit margin % S. Operating profit margin % t Basic earnings power % U ROA % V ROE % W. Dividend payout % x Market-to-book ratio times y. PE ratio times 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) 2021 2020 2021 2020 Assets Current assets: Liabilities and Equity Current liabilities: Cash and marketable securities Accounts receivable $ 91 $ 28 Accrued wages and taxes $40 50 36 Accounts payable 40 ok Inventory 140 132 Notes payable 50 32 Total $281 $196 Total $140 $104 Fixed assets: Long-term debt: $17 $124 Gross plant and equipment $300 $220 Stockholders' equity: Ent Less: Depreciation 75 40 Preferred stock (8 million shares) Common stock and paid-in surplus $ 8 8 Net plant and equipment $225 rences Other long-term assets Total 25 $250 $180 24 $204 (60 million shares) 60 60 Total assets $531 $400 Retained earnings Total Total liabilities and equity 312 104 $380 $172 $531 $400 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) $ 700 $ 500 Less: Cost of goods sold 210 140 Gross profits $ 490 $ 360 Less: Other operating expenses 49 30 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 441 330 Less: Depreciation 35 25 Earnings before interest and taxes (EBIT) $ 406 $ 305 Less: Interest 56 35 Earnings before taxes (EBT) $ 350 $ 270 Less: Taxes 74 81 Net income S 276 $ 189 Less: Preferred stock dividends $ 8 $ 8 Net income available to common stockholders $ 268 $ 181 Less: Common stock dividends 60 60 Addition to retained earnings $ 208 $ 121 Per (common) share data: Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) $ 4.467 $ 3.017 $ 1.000 $ 1.000 Market value (price) per share (MVPS) $ 6.200 $15.050 $ 2.733 $12.850 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 equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year) LAKE OF EGYPT MARINA ING