Reference no: EM131835205

Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 100 $ 112 Accrued wages and taxes $ 80 $ 96 Accounts receivable 90 104 Accounts payable 70 88 Inventory 415 208 Notes payable 60 80 Total $ 605 $ 424 Total $ 210 $ 264 Fixed assets: Long term debt: $ 435 $ 248 Gross plant and equipment $ 500 $ 448 Stockholders’ equity: Less: Depreciation 155 120 Preferred stock (8 million shares) $ 8 $ 8 Common stock and paid-in surplus (72 million shares) 72 72 Net plant and equipment $ 345 $ 328 Retained earnings 275 208 Other long-term assets 50 48 Total $ 395 $ 376 Total $ 355 $ 288 Total assets $ 1,000 $ 800 Total liabilities and equity $ 1,000 $ 800 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2015 and 2014 (in millions of dollars) 2015 2014 Net sales (all credit) $ 700 $ 500 Less: Cost of goods sold 392 250 Gross profits $ 308 $ 250 Less: Other operating expenses 42 20 Earnings before interest, taxes, depreciation, and amortization (EBITDA) $ 266 $ 230 Less: Depreciation 35 25 Earnings before interest and taxes (EBIT) $ 231 $ 205 Less: Interest 21 15 Earnings before taxes (EBT) $ 210 $ 190 Less: Taxes 63 57 Net income $ 147 $ 133 Less: Preferred stock dividends $ 8 $ 8 Net income available to common stockholders $ 139 $ 125 Less: Common stock dividends 72 72 Addition to retained earnings $ 67 $ 53 Per (common) share data: Earnings per share (EPS) $ 1.930 $ 1.740 Dividends per share (DPS) $ 1.000 $ 1.000 Book value per share (BVPS) $ 4.820 $ 3.890 Market value (price) per share (MVPS) $ 15.450 $ 13.250 Construct the DuPont ROA and ROE breakdowns for Lake of Egypt Marina, Inc. (Do not round intermediate calculations. Round your answers to 2 decimal places.) DuPont Analysis ROA % ROE %.