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23. IBM's earnings per share for the year ended 12/31/2023 totaled $8.12. For 2024, analysts predict the company will grow earnings per share to $10.08

23. IBM's earnings per share for the year ended 12/31/2023 totaled $8.12. For 2024, analysts predict the company will grow earnings per share to $10.08 per share. The stock currently trades at $181. Using a forward P/E multiple, what is IBM's P/E-to-Growth (PEG) ratio? 25. For 12/31/2023, Gone Gator Enterprises just reported net income of $11,522,000 and had a return on sales (net profit margin) of 14.1%. The balance sheet showed $196,322,000 in assets and total liabilities of $47,921,000. Shares outstanding are 6,210,000 and the company has a payout ratio of 49%. Calculate the growth rate (g) in dividends

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