Calculating Ratios

Use the following financial statements for Lake of Egypt Marina, Inc., to answer Problems 3-29 through 3-33.

Calculating Ratios 1Calculating Ratios 2

3-29   Spreading the Financial Statements Spread the balance sheets and income statements of Lake of Egypt Marina, Inc., for 2015 and 2014. 

3-30   Calculating Ratios Calculate the following ratios for Lake of Egypt Marina, Inc., as of year-end 2015. 

Calculating Ratios 3