2018 $ 43,432 Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 Current assets Current liabilities Cash $ 36,085 $ 39,400 Accounts payable $ 39,752 Accounts receivable 18,651 29,296 Notes payable 20,708 Inventory 4,120 43,312 Other 21,394 Total $ 58,856 $ 112,008 Total $ 81,854 Long-term debt $ 123,500 Owners' equity Common stock and paid-in $ 56,700 surplus Accumulated retained 262.962 earnings Fixed assets Net plant and $ 466,160 equipment $522,183 Total $ 319,662 17,475 25.994 $ 86.901 $ 187,898 $ 56,700 302,692 $359,392 Total assets $525.016 $ 634.191 Total liabilities and owners equity $ 525,016 $ 634,191 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $ 514,954 365,278 46,588 Earnings before interest and taxes Interest paid $ 103,088 21,383 Taxable income Taxes (22%) $ 81,705 17,975 Net income $ 63,730 Dividends Retained earnings $24,000 39,730 Smolira Golf Corp. has 57,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $28. a. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are the dividends per share? (Round your answer to 2 decimal places, e.g., 32.16.) What is the market-to-book ratio at the end of 2018? (Round your answer to 2 decimal places, e.g., 32.16.) d. If the company's growth rate is 6 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) C. Net income 03,30 Dividends Retained earnings $24,000 39,730 Smolira Golf Corp. has 57,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $28. a. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are the dividends per share? (Round your answer to 2 decimal places, e.g. 32.16.) What is the market-to-book ratio at the end of 2018? (Round your answer to 2 decimal places, e.g., 32.16.) d. If the company's growth rate is 6 percent, what is the PEG ratio? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. $ a. Price-earnings ratio b. Dividends per share c. Market-to-book ratio id. PEG ratio 4.91 times 0.42 times times