Spread the balance sheets of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all...

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Spread the balance sheets of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all amounts as positive values. Round your answers to 2 decimal places.) Use the following financial statements for Lake of Egypt Marina, Inc. 2021 2020. Balance sheet as of December 31, 2021 and 2020 (in millions of dollars) Assets. Current assets: Cash and marketable securities $44 $42. Accounts receivable $36 $36. Inventory $153 $63. Total $233 $141. Fixed assets: Gross plant and equipment $212 $186. Less: Depreciation $65 $45. Net plan t and equipment $147 $141. Other long-term assets $20 $18. Total $167 $159. Total assets $400 $300. Liabilities and equity. Current liabilities: Accrued wages and taxes $28 $30. Accounts payable $32 $36. Notes payable $36 $42. Total $96 $108. Long-term debt: $51 $90. Stockholder's equity: Preferred stock (3 million shares) $3 $3. Common stock and paid- in surplus (21 million shares) 21 21. Retained earnings 229 78. Total $253 $102. Total liabilities and equity $400 $300. Lake of Egypt Marina Inc. Income statement for years ending December 31, 2021 and 2020 (in millions of dollars) Net sales (all credit) $500 $300. Less: cost of goods sold $180 $105. Gross profits $320 $195. Less: Other operating expenses $30 $15. Earnings before interest, taxes, depreciation, and amortization (EBITDA) 290 180. Less: Depreciation 20 12. Earnings before interest and taxes (EBIT) $270 $168. Less: Interest 20 18. Earnings before taxes (EBT) $250 $150. Less: Taxes 75 45. Net income $175 $105. Less: Preferred stock dividends $3 $3. Net income available to common stockholders $172 $102. Less: Common stock dividends 21 21. Addition to retained earnings $151 $81. Per (common) share data: Earnings per share (EPS) $8.190 $4.857. Dividends per share (DPS) $1.000 $1.000. Book value per share (BVPS) $11.905 $4.714.Market value (price) per share (MVPS) $15.250 $10.750. Spread the balance sheets of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all amounts as positive values. Round your answers to 2 decimal places.) Spread the income statements of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all amounts as positive values. Round your answers to 2 decimal places.) Spread the balance sheets of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all amounts as positive values. Round your answers to 2 decimal places.) Use the following financial statements for Lake of Egypt Marina, Inc. 2021 2020. Balance sheet as of December 31, 2021 and 2020 (in millions of dollars) Assets. Current assets: Cash and marketable securities $44 $42. Accounts receivable $36 $36. Inventory $153 $63. Total $233 $141. Fixed assets: Gross plant and equipment $212 $186. Less: Depreciation $65 $45. Net plan t and equipment $147 $141. Other long-term assets $20 $18. Total $167 $159. Total assets $400 $300. Liabilities and equity. Current liabilities: Accrued wages and taxes $28 $30. Accounts payable $32 $36. Notes payable $36 $42. Total $96 $108. Long-term debt: $51 $90. Stockholder's equity: Preferred stock (3 million shares) $3 $3. Common stock and paid- in surplus (21 million shares) 21 21. Retained earnings 229 78. Total $253 $102. Total liabilities and equity $400 $300. Lake of Egypt Marina Inc. Income statement for years ending December 31, 2021 and 2020 (in millions of dollars) Net sales (all credit) $500 $300. Less: cost of goods sold $180 $105. Gross profits $320 $195. Less: Other operating expenses $30 $15. Earnings before interest, taxes, depreciation, and amortization (EBITDA) 290 180. Less: Depreciation 20 12. Earnings before interest and taxes (EBIT) $270 $168. Less: Interest 20 18. Earnings before taxes (EBT) $250 $150. Less: Taxes 75 45. Net income $175 $105. Less: Preferred stock dividends $3 $3. Net income available to common stockholders $172 $102. Less: Common stock dividends 21 21. Addition to retained earnings $151 $81. Per (common) share data: Earnings per share (EPS) $8.190 $4.857. Dividends per share (DPS) $1.000 $1.000. Book value per share (BVPS) $11.905 $4.714.Market value (price) per share (MVPS) $15.250 $10.750. Spread the balance sheets of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all amounts as positive values. Round your answers to 2 decimal places.) Spread the income statements of Lake of Egypt Marina, Inc., for 2021 and 2020. (Input all amounts as positive values. Round your answers to 2 decimal places.)

Answer rating: 100% (QA)

Balance Sheet for Lake of Egypt Marina Inc Year 2021 Assets Current Assets Cash and Marketable Securities 4400 Accounts Receivable 3600 Inventory 1530... View the full answer