Homework - Chapter 3 Saved 4 points Skipped References LAKE OF EGYPT MARINA, INCORPORATED Balance Sheet as of December 31, 2824 and 20823 {in millions of dollars) 2824 2823 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities 184 54 Accrued wages and taxes Accounts receivable 137 132 Accounts payable Inventory 222 212 Notes payable Total 463 5 398 Total Fixed assets: Long-term debt: Gross plant and equipment $ 602 493 Stockholders' equity: Less: Depreciation 144 111 Preferred stock (5 million shares) Net plant and equipment 458 3 Other long-term assets 61 68 Retained earnings Total 510 442 Total Total assets $ 982 5 B4B Total liabilities and equity LAKE OF EGYPT MARINA, INCORPORATED Income Statement for Years Ending December 31, 2824 and 2823 {in millions of dollars) 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 Earnings before taxes (EBT) Less: Taxes Net income Less: Preferred stock dividends Net income available to common stockholders Less: Common stock dividends 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 (MVPS) Calculate the internal and sustainable growth rate for Lake of Egypt Marina, Incorporated. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Internal growth rate _ % Sustainable growth rate _ % Prev 30f 5 Mext 2824 s 3 625 285 348 41 299 33 266 44 222 47 175 85 382 Common stock and paid-in surplus (85 million shares) 2823 $ 542 238 $ 312 36 276 3l 245 41 $ 204 61 143 $5 138 ik} 73 Help Save & Exit ==y Submit 2824 2023 51 $ 54 lel 91 91 81 $243 226 311 5291 $5 $5 65 65 358 253 $ 428 333 982 4 8B40