3) Donna's Flowers and Donuts Shop has 2,000 shares of stock outstanding and a market price of its stock at $25 per share. In 2019 net income was $11,000. Based on this what is earnings per share and price earning ratio in 2019? 4) On page 88 of the textbook you will find the balance sheets and income statement of Smolira Golf Corp. Based on this information calculate the following: a. Total inventory turnover for 2018 b. Receivable turnover and days sales in receivables for 2018 c. Total debt ratio and debt to equity ratio for 2018 d. Profit margin, return on assets, and return on equity for 2018 Financial Statements and Long rem PART 2 SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2017 2018 Assets 2017 2018 Current liabilities Accounts payable Notes payable $ 36,722 $ 42582 Current assets $ 37,837 27,766 19,008 $ 34,385 17,801 16,200 Cash Accounts receivable Inventory 42,632 36,310 $ 88,496 24, 61 $ 83,410 $145.000 $108,235 Total 19,864 Other Total $ 75,594 Long-term debt $115,000 Owners' equity Common stock and paid-in surplus $ 55,000 Accumulated retained earnings 307,217 $ 55,000 Fixed assets 344,42 Net plant and equipment 464,315 519,633 $362,217 $399,452 Total Total liabilities and owners' equity Total assets $552,811 $627,868 $552,811 $627,868 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (25%) Net income Dividends $25.000 $506,454 359,328 44,463 $102,663 19,683 $ 82,980 20.745 $ 62,235 Retained earnings 37,235 26. Calculating Fina