Use the following financial statements for Lake of Egypt Marina, Inc. 2021 2020 LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 75 $ 65 Accrued wages and taxes Accounts receivable 115 110 Accounts payable Inventory 200 190 Notes payable Total $390 $365 Total Fixed assets: Long-term debt: Gross plant and equipment $580 $ 471 Stockholders' equity: Less: Depreciation 110 100 Preferred stock (5 million shares) Net plant and equipment $ 470 $371 Common stock and paid-in surplus (65 million shares) Other long-term assets 50 49 Retained earnings Total $ 520 $ 420 Total Total assets $910 $ 785 Total liabilities and equity $ 40 90 80 $210 $300 $ 43 80 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 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 stockholders' equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.) LAKE OF EGYPT MARINA, INC. a. times Current ratio Quick ratio b. times times times e. days c. Cash ratio d. Inventory turnover Days' sales in inventory f. Average collection period g. Average payment period h. Fixed asset turnover i. Sales to working capital Total asset turnover days days times times j. times times % times times times times k. Capital intensity I. Debt ratio m. Debt-to-equity n. Equity multiplier 0. Times interest earned p. Cash coverage 9. Profit margin r. Gross profit margin s. Operating profit margin Basic earnings power u. ROA ROE w. Dividend payout x. Market-to-book ratio y. PE ratio % % % t. % % V. % % times times