Chat with us, powered by LiveChat LAKE OF EGYPT MARINA, INCBalance Sheet as of December 31, 2012 and 2011(in millions of dollars) 2012 2011 2012... - Wridemy

LAKE OF EGYPT MARINA, INCBalance Sheet as of December 31, 2012 and 2011(in millions of dollars) 2012 2011 2012…

LAKE OF EGYPT MARINA, INCBalance 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$45 $36 Accrued wages and taxes$40 $20 Accounts receivable 40 32 Accounts payable 35 24 Inventory 195 148 Notes payable 30 32 Total$280 $216 Total$105 $76 Fixed assets: Long term debt:$130 $200 Gross plant and equipment$255 $200 Stockholders’ equity: Less: Depreciation 60 40 Preferred stock (4 million shares)$4 $4 Common stock and paid in surplus (16 million shares) 16 16 Net plant and equipment$195 $160 Retained earnings 245 104 Other long term assets 25 24 Total$220 $184 Total$265 $124 Total assets$500 $400 Total liabilities and equity$500 $400 LAKE OF EGYPT MARINA, INC.Income Statement for Years Ending December 31, 2012 and 2011(in millions of dollars) 2012 2011 Net sales (all credit)$ 500 $ 300 Less: Cost of goods sold 200 105 Gross profits$ 300 $ 195 Less: Depreciation 20 12 Other operating expenses 25 18 Earnings before interest and taxes (EBIT)$ 255 $ 165 Less: Interest 25 15 Earnings before taxes (EBT)$ 230 $ 150 Less: Taxes 69 45 Net income$ 161 $ 105 Less: Preferred stock dividends$ 4 $ 4 Net income available to common stockholders$ 157 $ 101 Less: Common stock dividends 16 16 Addition to retained earnings$ 141 $ 85 Per (common) share data: Earnings per share (EPS)$ 9.813 $ 6.313 Dividends per share (DPS)$ 1.000 $ 1.000 Book value per share (BVPS)$ 16.313 $ 7.500 Market value (price) per share (MVPS)$ 15.700 $ 10.500 Spread the balance sheets of Lake of Egypt Marina, Inc., for 2012 and 2011. (Be sure to list the assets and liabilities in order of their liquidity. Input all amounts as positive values. Round your answers to 2 decimal places.)LAKE OF EGYPT MARINA, INCBalance Sheet as of December 31, 2012 and 2011(in millions of dollars) 2012 2011Assets Current Assets % % Total Fixed assets: Total Total assets % % Liabilities and Equity Current Liabilities % % Total Long-term debt: Stockholders’ Equity Total Total Liabilities and Equity % % Spread the income statements of Lake of Egypt Marina, Inc., for 2012 and 2011. (Input all amounts as positive values. Round your answers to 2 decimal places.)LAKE OF EGYPT MARINA, INC.Income Statement for Years Ending December 31, 2012 and 2011(in millions of dollars) 2012 2011 % % % % check my workreferencesebook & resources

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