Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $120 $84 Accrued wages and taxes Accounts receivable 110 98 Accounts payable Inventory 306 196 Notes payable Total $536 $378 Total Fixed assets: Long-term debt: Gross plant and equipment $520 $350 Stockholders equity: Less: Depreciation 106 70 Preferred stock (7 million shares) Common stock and paid-in surplus (42 million shares) Net plant and equipment $414 $280 Other long-term assets 50 42 Retained earnings Total $464 $322 Total Total assets $1,000 $700 Total liabilities and equity LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) Net sales (all credit) 2018 2017 Less: Cost of goods sold $900 $800 Gross profits 414 320 Less: other operating expenses $486 $480 54 64 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 432 416 36 48 Less: Depreciation $396 $368 Earnings before interest (EBiT) 36 48 Less: Interest $360 $320 Earnings before taxes (EBT) 108 96 Less: Taxes $252 $224 Net income $7 $7 Net income available to common stockholders $245 $217 Less: Common stock dividends 42 42 Addition to retained earnings $203 $175 Per (common) share data: Earnings per share (EPS) $5.833 $5.167 Dividends per share (DPS) $1.000 $1.000 Book value per share (BVPS) $10.167 $5.333 Market value (price) per share (MVPS) $15.400 $13.200 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. Roudn your answers to 2 decimal places. Use 365 days a year.) LAKE OF EGYPT MARINA, INC. 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 l. 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 Times