Use the following financial statements for Lake of Egypt Marina, Inc. 2018 2017 Assets Current assets: Cash and marketable securities Accounts receivable Inventory Total Fixed assets: Gross plant and equipment Less: Depreciation LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Liabilities and Equity Current liabilities: $ 55 $ 48 Accrued wages and taxes 45 52 Accounts payable 180 92 Notes payable $280 $192 Total Long-term debt: $265 $224 Stockholders' equity: 70 40 Preferred stock (2 million shares) Common stock and paid-in surplus $195 $184 (24 million shares) 25 24 Retained earnings 5220 $200 Total $500 $400 Total liabilities and equity $ 40 45 50 $135 $ 51 $36 44 52 5132 $138 $ 2 $ 2 Net plant and equipment Other long-term assets Total Total assets 24 288 $314 $500 24 104 $130 $400 LAKE OF EGYPT MARINA, INC. Incone Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 2017 $ $ 600 216 384 30 $ $ 120 280 16 $ 354 30 324 24 300 90 $ 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) Less: Interest Earnings before taxes (EBT) Less: Taxes Net income Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends Addition to retained earnings Per (Common) share data: Earnings per share (EPS) Dividends per share (OPS) Book value per share (BVPS) Market value (price) per share (HVPS) 264 24 $ 240 20 $ 220 66 $ 154 $2 $ 152 24 $ 128 210 $ $ $ 2 208 24 184 $ $ 8.667 $ 1.000 $13.000 $15.300 $6.333 $ 1.000 $ 5.333 $13.100 e LAKE OF EGYPT MA a Current ratio b. Quick ratio C. Cash ratio d. Inventory turnover Days' sales in inventory f. Average collection period 9. Average payment period h. Fixed asset turnover i. Sales to working capital j. Total asset turnover k Capital intensity L. Debt ratio m. Debt-to-equity n. Equity multiplier 0 Times interest earned p. Cash coverage 9. Profit margin r. Gross profit margin Operating profit margin t. Basic earnings power ROA ROE w. Dividend payout X Market-to-book ratio S u V x y PE ratio