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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

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 2018 2017
Assets Liabilities and Equity
Current assets: Current liabilities:
Cash and marketable securities $ 80 $ 42 Accrued wages and taxes $ 40 $ 30
Accounts receivable 120 66 Accounts payable 90 60
Inventory 222 168 Notes payable 50 54
Total $ 422 $ 276 Total $ 180 $ 144
Fixed assets: Long-term debt: $ 502 $ 246
Gross plant and equipment $ 630 $ 360 Stockholders equity:
Less: Depreciation 102 72 Preferred stock (6 million shares) $ 6 $ 6
Net plant and equipment $ 528 $ 288 Common stock and paid-in surplus 54 54
(54 million shares)
Other long-term assets 50 36 Retained earnings 258 150
Total $ 578 $ 324 Total $ 318 $ 210
Total assets $ 1,000 $ 600 Total liabilities and equity $ 1,000 $ 600

LAKE OF EGYPT MARINA, INC.
Income Statement for Years Ending December 31, 2018 and 2017
(in millions of dollars)
2018 2017
Net sales (all credit) $ 600 $ 500
Less: Cost of goods sold 240 210
Gross profits $ 360 $ 290
Less: Other operating expenses 36 29
Earnings before interest, taxes, depreciation, and amortization (EBITDA) 324 261
Less: Depreciation 30 30
Earnings before interest and taxes (EBIT) $ 294 $ 231
Less: Interest 54 41
Earnings before taxes (EBT) $ 240 $ 190
Less: Taxes 72 57
Net income $ 168 $ 133
Less: Preferred stock dividends $ 6 $ 6
Net income available to common stockholders $ 162 $ 127
Less: Common stock dividends 54 54
Addition to retained earnings $ 108 $ 73
Per (common) share data:
Earnings per share (EPS) $ 3.000 $ 2.352
Dividends per share (DPS) $ 1.000 $ 1.000
Book value per share (BVPS) $ 5.778 $ 3.778
Market value (price) per share (MVPS) $ 14.800 $ 12.600

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.)

a.Current ratio

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

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