fiance week 1

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 )