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Use the following financial statements for Lake of Egypt Marina, Inc 2018 2017 $ LAKE OF EGYPT TARINA, INC. Balance Sheets of December 31, 2018

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Use the following financial statements for Lake of Egypt Marina, Inc 2018 2017 $ LAKE OF EGYPT TARINA, INC. Balance Sheets of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Assets Liabilities and Equity Current assets! Current liabilities: Cash and marketable securities $ 100 $112 Accrued vages and taxes Accounts receivable 90 104 Accounts payable Inventory 415 200 Notes payable Total $ 605 $424 Total Fixed assets Long-term debt: GEO plant and equipment 500 $446 Stockholders' equity: Less Depreciation 155 120 Preferred stock (8 million sharea) Common stock and paid-in surplus Net plant and equipment 2 345 $328 172 million shares) Other long-term assets 50 48 Retained earnings Total $395 $376 Total Total aseta $1,000 $800 Total liabilities and equity 80 70 60 210 435 # 96 88 BO $264 $248 $ $ 8 $8 72 275 $ 355 $1,000 22 208 $280 $800 250 DATE OF EGYPT HARINA, INC, Incomentement to Years Ending December 31, 2018 and 2017 1 millions of dollars) 2018 2012 Net sales (all credit) $ 700 $ 500 Les cost of goods sold 392 250 Gross proti $ 308 Less Other operating expenses 42 20 Earnings before interent, taxes, depreciation, and Amortization (EBITDA) 266 230 Leas: Depreciation 35 25 Larnings before interest and taxes (EBIT) 231 $ 205 Leka: Interest 21 15 Earnings before taxes (ET) 210 190 Least Tax 63 57 Net Income $ 142 133 Les Perece stock dividends 4 8 8 Net Inconvailable to common stockholders 3 139 125 Least Common stock dividends 72 22 Addition to retained earnings 2 67 $ 53 Per common share data Earnings per phare EPS) $ 1.931 1.736 Dividends per sace DPS) 1.000 1.000 Book value per share (VPS) 24.019 $ 3.000 market value (price) per Share (MVPS) $15.450 $13.250 Calculate the following ratios for Lake of Egypt Marina, Inc as of year-end 2018. (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, INC. Current ratio a. times c times times times days days days times times times times % times b. Quick ratio C Cash ratio d. Inventory turnover e Days' sales in inventory f Average collection period 9. Average payment period h. Fixed asset turnover i Sales to working capital Total asset turnover k. Capital intensity 1. Debt ratio m. Debt-to-equity In. Equity multiplier Times interest eamed p. Cash coverage q. Profit margin r Gross profit margin Operating profit margin Basic earnings power ROA V. ROE w. Dividend payout X Market-to-book ratio y PE ratio times 0 times times % S % % % % 1 % % times times

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