Reference no: EM131291944

Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2012 and 2011 (in millions of dollars) 2012 2011 2012 2011 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 75 $ 65 Accrued wages and taxes $ 40 $ 43 Accounts receivable 115 110 Accounts payable 90 80 Inventory 200 190 Notes payable 80 70 Total $ 390 $ 365 Total $ 210 $ 193 Fixed assets: Long term debt: 300 280 Gross plant and equipment $ 580 $ 471 Stockholders’ equity: Less: Depreciation 110 100 Preferred stock (5 million shares) $ 5 $ 5 Common stock and paid in surplus (65 million shares) 65 65 Net plant and equipment $ 470 $ 371 Retained earnings 330 242 Other long term assets 50 49 Total $ 520 $ 420 Total $ 400 $ 312 Total assets $ 910 $ 785 Total liabilities and equity $ 910 $ 785 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2012 and 2011 (in millions of dollars) 2012 2011 Net sales (all credit) $ 515 $ 432 Less: Cost of goods sold 230 175 Gross profits $ 285 $ 257 Less: Depreciation 22 20 Other operating expenses 30 25 Earnings before interest and taxes (EBIT) $ 233 $ 212 Less: Interest 33 30 Earnings before taxes (EBT) $ 200 $ 182 Less: Taxes 57 55 Net income $ 143 $ 127 Less: Preferred stock dividends $ 5 $ 5 Net income available to common stockholders $ 138 $ 122 Less: Common stock dividends 65 65 Addition to retained earnings $ 73 $ 57 Per (common) share data: Earnings per share (EPS) $ 2.123 $ 1.877 Dividends per share (DPS) $ 1.000 $ 1.000 Book value per share (BVPS) $ 6.077 $ 4.723 Market value (price) per share (MVPS) $ 14.750 $ 12.550

Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end 2012. (Use sales when computing the inventory turnover and use common stockholders' equity when computing the equity multiplier. Round your answers to 2 decimal places. Use 365 days a year.)

LAKE OF EGYPT MARINA, INC. a. Current ratio times b. Quick ratio times c. Cash ratio times d. Inventory turnover times e. Days’ sales in inventory days f. Average collection period days g. Average payment period days h. Fixed asset turnover times i. Sales to working capital times j. Total asset turnover times k. Capital intensity times l. Debt ratio % m. Debt-to-equity times n. Equity multiplier times o. Times interest earned times p. Cash coverage times q. Profit margin % r. Basic earnings power % s. ROA % t. ROE % u. Dividend payout % v. Market-to-book ratio times w. PE ratio times.