WHAT DO I DO$?$

You will turn in an Excel sheet with your answers

East Coast Yachts uses a small percentage of preferred stock as a source of financing. In calculating the ratios for the company, should preferred stock be included as part of the company's total equity?

$($FOR #$1$ AND #$2$ CREATE AN EXCEL SPREADSHEET. HAVE ONE COLUMN FOR EAST COAST YACHTS AND ANOTHER COLUMN FOR THE INDUSTRY MEDIAN RATIO $.$ The third column should be for your comments.$)$

Calculate all of the ratios listed in the industry table for East Coast Yachts. PLEASE USE EXCEL FOR THIS.

Compare the performance of East Coast Yachts to the industry as a whole. For each ratio, comment on why it might be viewed as positive or negative relative to the industry.RATIOS AND FINANCIAL PLANNING AT EAST COAST YACHTS

After Dan's analysis of East Coast Yachts's cash flow $($at the end of our previous chapter$),$ Larissa approached Dan about the

company's performance and future growth plans. First, Larissa wants to find out how East Coast Yachts is performing relative to

its peers. Additionally, she wants to find out the future financing necessary to fund the company's growth. In the past, East

Coast Yachts experienced difficulty in financing its growth plan, in large part because of poor planning. In fact, the company had

to turn down several large jobs because its facilities were unable to handle the additional demand. Larissa hoped that Dan

would be able to estimate the amount of capital the company would have to raise next year so that East Coast Yachts would be

better prepared to fund its expansion plans.

To get Dan started with his analyses, Larissa provided the following financial statements. Dan then gathered the

industry ratios for the yacht manufacturing industry.