Question: please answer quick dont answer this i want it refunded Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA,

please answer quick
 please answer quick dont answer this i want it refunded Use
the following financial statements for Lake of Egypt Marina, Inc. LAKE OF
dont answer this i want it refunded

Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2818 and 2017 (in millions of dollars) 2017 2018 2017 2018 Liabilities and Equity Current liabilities: Accrued wages and taxes Accounts payable Notes payable Assets Current assets: $ 40 $ 36 s 55 $ 48 Cash and marketable securities Accounts receivable Inventory 45 44 45 52 52 $132 $138 50 180 92 $135 $ 51 $192 Total $280 Total Long-term debt: Stockholders' equity: Preferred stock (2 million shares) Conmon stock and paid-in surplus (24 million shares) Retained earnings Total Fixed assets Gross plant and equipment Less: Depreciation $265 7e $224 46 $ 2 2 24 24 $195 $184 Net plant and equipment Other long-term assets 288 104 25 24 $130 $314 $220 $208 Total $se0 $400 Total liabi1ities and equity $480 $500 Total assets LAKE OF EGYPT MARINA, INC.. Income Statement for Years Ending December 31, 2818 and 2017 (in millions of dollars) 2018 600 2017 400 Net sales (all credit) Less: Cost of goods sold Gross profits Less: 0ther operating expenses Earnings before interest, taxes, depreciation, and amortization (EBITDA) Less: Depreciation Earnings before interest and texes (EBIT) 128 216 384 38 280 16 354 264 30 24 324 240 24 28 Less: Interest 300 220 Earnings before taxes (EBT) Less: Taxes 90 66 S Net incone 218 154 $ 2 288 24 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) $ 2 152 24 184 128 $ 8.667 $1.000 $13.000 $ 6.333 $ 1.000 $ 5.333 $15.300 $13.100 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.) Answer is complete but not entirely correct. LAKE OF EGYPT MARINA, INC 2.07 times Current ratio a. 074 times Quick ratio b. times 0.41 Cash ratio C. Inventory turnover Days' sales in inventory Average collection period Average payment period 4.41 times d. 82.77 days e. days f. 29.50 75.20(days times g. Fixed asset turnover h. 3.17 4.44(times Sales to working capital 1.33 times Total asset tumover times Capital intensity 0.83 k. Debt ratio L 37.20 Debt-to-equity 0.59 times m. times Equity multiplier 1.59 n. times Times interest earned 13.50 0. Cash coverage Profit margin times 14.75 p. 35.00 Gross profit margin 64.00 r. 59.00 % Operating profit margin S. % t Basic earnings power 64.80 ROA 46.67 % 66.88 % ROE V. Dividend payout 12.38(% W. Market-to-book ratio 1.18 times x. PE ratio times 1.76 y

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