Review the financial statements for Lake of Egypt Marina, Inc
Use the following financial statements for Lake of Egypt Marina, Inc., to answer Problems 3-29 through 3-33.
Page 753-29 Spreading the Financial Statements Spread the balance sheets and income statements of Lake of Egypt Marina, Inc., for 2015 and 2014. (LG3-6)
3-30 Calculating Ratios Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end 2015. (LG3-1 through LG3-5)
3-31 DuPont Analysis Construct the DuPont ROA and ROE breakdowns for Lake of Egypt Marina, Inc. (LG3-6)
3-32 Internal and Sustainable Growth Rates Calculate the internal and sustainable growth rate for Lake of Egypt Marina, Inc. (LG3-6)
3-33 Cross-Sectional Analysis Using the ratios from Problem 3-30 for Lake of Egypt Marina, Inc., and the industry, what can you conclude about Lake of Egypt Marina’s financial performance for 2015? (LG3-7)
[wpecpp name=”statements for Lake of Egypt Marina, Inc” price=”40″ align=”center”]
