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$)$

$202420232024$

$2023$

Assets Liabilities and Equity

Current assets: Current liabilities:

Cash and marketable securities $ $122$ $ $48$ Accrued wages and taxes $ $60$ $ $48$

Accounts receivable $11072$ Accounts payable $11072$

Inventory $301174$ Notes payable $7060$

Total $ $533$ $ $294$ Total $ $240$ $ $180$

Fixed assets: Long$-$term debt: $ $429$ $ $237$

Gross plant and equipment $ $520$ $ $330$ Stockholders$$ equity:

Less: Depreciation $8160$ Preferred stock $(3$ million shares$)$ $ $3$ $ $3$

Net plant and equipment $ $439$ $ $270$ Common stock and paid$-$in surplus $(24$ million shares$)2424$

Other long$-$term assets $5036$ Retained earnings $326156$

Total $ $489$ $ $306$ Total $ $353$ $ $183$

Total assets $ $1,022$ $ $600$ Total liabilities and equity $ $1,022$ $ $600$

LAKE OF EGYPT MARINA, INCORPORATED

Income Statement for Years Ending December $31,2024$ and $2023$

$($in millions of dollars$)$

$20242023$

Net sales $($all credit$)$ $ $500$ $ $400$

Less: Cost of goods sold $180136$

Gross profits $ $320$ $ $264$

Less: Other operating expenses $2624$

Earnings before interest, taxes, depreciation, and amortization $($EBITDA$)294240$

Less: Depreciation $2116$

Earnings before interest and taxes $($EBIT$)$ $ $273$ $ $224$

Less: Interest $2324$

Earnings before taxes $($EBT$)$ $ $250$ $ $200$

Less: Taxes $5360$

Net income $ $197$ $ $140$

Less: Preferred stock dividends $ $3$ $ $3$

Net income available to common stockholders $ $194$ $ $137$

Less: Common stock dividends $2424$

Addition to retained earnings $ $170$ $ $113$

Per $($common$)$ share data:

Earnings per share $($EPS$)$ $ $8\mathrm{.}083$ $ $5\mathrm{.}708$

Dividends per share $($DPS$)$ $ $1\mathrm{.}000$ $ $1\mathrm{.}000$

Book value per share $($BVPS$)$ $ $14\mathrm{.}583$ $ $7\mathrm{.}500$

Market value $($price$)$ per share $($MVPS$)$ $ $14\mathrm{.}950$ $ $12\mathrm{.}750$

Calculate the following ratios for Lake of Egypt Marina, Incorporated, as of year$-$end $2024.$

Note: 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.$\backslash$table$[[$LAKE OF EGYPT MARINA, INCORPORATED,$],[$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$],[$g$.$ 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$],[$p$.$ Cash coverage,times$],[$q$.$ Profit margin,$\%],[$r$.$ 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,t