Use the following financial statements for Lake of Egypt Marina, Inc. 2021 2020 $ 43 80 LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Liabilities and Equity Current liabilities: $ 75 $ 65 Accrued wages and taxes 115 110 Accounts payable 200 190 Notes payable $390 $365 Total Long-term debt: $580 $471 Stockholders' equity: 110 100 Preferred stock (5 million shares) $470 $371 Common stock and paid-in surplus (65 million shares) 50 49 Retained earnings $520 $420 Total $910 $785 Total liabilities and equity $ 40 90 80 $210 $300 Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation Net plant and equipment Other long-term assets Total Total assets 70 $193 $280 $ 5 $ 5 65 330 $400 $910 65 242 $312 $785 $ 2020 432 175 257 25 $ $ $ $ LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2021 and 2020 (in millions of dollars) 2021 Net sales (all credit) $ 515 Less: Cost of goods sold 230 Gross profits $ 285 Less: Other operating expenses 30 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 255 Less: Depreciation 22 Earnings before interest and taxes (EBIT) 233 Less: Interest 33 Earnings before taxes (EBT) $ 200 Less: Taxes 42 Net income $ 158 Less: Preferred stock dividends $ 5 Net income available to common stockholders $ 153 Less: Common stock dividends 65 Addition to retained earnings $ 88 Per (common) share data: Earnings per share (EPS) $ 2.354 Dividends per share (DPS) $ 1.000 Book value per share (BVPS) $ 6.077 Market value (price) per share (MVPS) $14.750 232 20 212 30 182 55 $ $ $ 127 $ $ $ 5 122 65 57 $ $ 1.877 $ 1.000 $ 4.723 $12.550 % % r. % % 9. Profit margin Gross profit margin s. Operating profit margin t. Basic earnings power u. ROA ROE w. Dividend payout X. Market-to-book ratio y PE ratio V. % % % times times