Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2018?

Use the following financial statements for Lake of Egypt Marina, Inc.

Calculate the following ratios for Lake of Egypt Marina, Inc. as of year-end 2018.

a.current ratio

b.quick ratio

c. cash ratio

d.inventory turnover

e. days' sales in inventory

f. average collection period

g. average payment period

h. fixed asset turnover

i. sales to working capital

j. total asset turnover

k. capital intensity

l. debe ratio

m. debt-to-equity

n. equity multiplier

o. times interest earned

p. cash coverage

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

y. PE ratio

Transcribed Image Text:

LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2018 2017 2017 Liabilities and Equity Current liabilities: Accrued wages and taxes Accounts payable Notes payable Total Long-term debt: Stockholders' equity: Preferred stock (3 million shares) Common stock and paid-in surplus (24 million shares) Retained earnings Assets Current assets: Cash and marketable securities $ 100 $ 48 60 $ 48 Accounts receivable Inventory Total 110 301 $ $11 72 110 70 72 174 $294 $ 240 $ 429 $180 $237 Fixed assets: Gross plant and equipment Less: Depreciation $ 520 $330 81 $ 439 $270 Net plant and equipment Other long-tern assets Total 24 24 se 36 304 156 §489 $1,000 $306 $ 331 Total $183 Total assets S600 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) 2017 400 136 2018 500 180 Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and taxes (EBIT) Less: Interest 320 264 26 24 240 16 224 24 294 21 273 23 Earnings before taxes (EST) Less: Taxes 250 200 60 75 Net income 175 140 Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends 137 172 24 24 Addition to retained earnings Per (common) share data: Earnings per share (EPS) Dividends per share (DPS) Book value per share (BVPS) Market value (price) per share (VPS) 148 113 $ 7.167 $ 1.000 $13.667 $14.950 $ 5.708 $ 1.000 $ 7.500 $12.750