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