Que Chapter 3 X O Not secure https/newconnectmeducation.com/flow/connect 36 Use the following financ

Que Chapter 3 X O Not secure https/newconnectmeducation.com/flow/connect 36 Use the following financial statements for Lake of Egypt Marina, Inc 2018 2017 $ 5e $ 48 LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable $ se $ 56 securities Accrued wages and taxes Accounts receivable Accounts payable Inventory 205 Notes payable Total $315 $204 Total Fixed assets: Long term debt Gross plant and equipment $250 $232 Stockholdersequity: Less: Depreciation Preferred stock (4 million shares) Coormon stock and paid-in surplus Net plant and equipment $160 $172 (24 million shares) Other long-term assets Retained earnings Total $185 $196 Total Total assets $500 $400 Total liabilities and equity $165 5.42 $132 5136 $ 454 265 $293 5500 184 $132 499 LAKE OF EGYPT MARINA, INC. Income Statement for Year's Ending December 31, 2018 and 2017 (in millions of dollars) Prey 1 of 1 !! Score answer > e to search s o F G H J K L 13 Saved 216 129 LAKE OF EGYPT MARINA, INC. Income Statement for Years Ending December 31, 2018 and 2017 (in millions of dollars) 2018 2017 Net sales (all credit) $ 680 $ 400 Less: Cost of goods sold Gross profits $ 384 $ 280 Less: Other operating expenses 36 24 Earnings before interest, taxes, depreciation, and amortization (EBITDA) 348 256 Less: Depreciation 24 Earnings before interest and taxes (EBIT) $ 318 $ 232 Less: Interest 32 Earnings before taxes (EBT) $ 270 $ 209 Less: Taxes 81 60 Net income $ 189 $ 140 Less: Preferred stock dividends $ 4 Net income available to common stockholders $ 185 $ 136 Less: Common stock dividends 24 24 Addition to retained earnings $ 161 112 Per (common) share data: Earnings per share (EPS) $ 7.708 55.667 Dividends per share (DPS) $ 1.000 $ 1.000 Book value per share (BVPS) $12.842 $5.333 Market value (price) per share (MVPS) $15.550 $13.350 Prev 1 of 1 ! Score answer > ere to search o e Bewi P3 DOLL ES F6 FaF90 F10 F11 * AtA Ол – WE RT Y uc I X c v B N M . Quiz Chapter 3 x L O Not secure https/newconnect.meducation.com/flow/connect er 3 Help Calculate the following ratios for Lake of Egypt Morina, Inc. as of year end 2019. (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.) LAKE OF EGYPT MARINA, INC. a Current rabo Quick ratio C Cash ratio d. Inventory turnover y sales in inventory 1 Average collection period 9 Average payment period h Foxed set urnover Sales to working capital Total asset tumover k Capital intensity 1 Debt ratio m. O o -equity Equity multiple Times interest eamed days a Pront margin Gross pro magn Pe 1 of 1 Score answer > ere to search B Hà Lan al P a w E RT Y u op o F G H J K L a s z X c r B N M iz pter 3 0 A O Not secure https://newconnect.mheducation.com/flow/connect.html utz Chapter 36 eBook Ask 9. Inventory umover e Days' sales in inventory 1 Average collection period Average payment period h. Fixed asset turnover Sales to working capital i Total asset turnover k Capital intensity Debt ratio m Debt-to-equity n Equity multiplier 0 Times interest eamed p Cash coverage Profit margin 1. Gross profit margin Operating profit margin L Basic earnings power UROA VROE w Dividend payout X Market to book ratio y PE ratio Prev 1 r 1 Score answer > pe here to search WEB T Y U

 

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