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Assets 2 0 2 0 2 0 2 1 Liabilities and Owners Equity 2 0 2 0 2 0 2 1 Current assets Current liabilities

Assets 20202021 Liabilities and Owners Equity 20202021
Current assets Current liabilities
Cash $ 35,685 $ 39,032 Accounts payable $ 38,992 $ 43,232
Accounts receivable 18,45128,936 Notes payable 20,30817,175
Inventory 4,00043,152 Other 21,03425,674
Total $ 58,136 $ 111,120 Total $ 80,334 $ 86,081
Long-term debt $ 121,500 $ 185,476
Owners equity
Common stock and paid-in surplus $ 56,300 $ 56,300
Accumulated retained earnings 265,702304,846
Fixed assets
Net plant and equipment $ 465,700 $ 521,583 Total $ 322,002 $ 361,146
Total assets $ 523,836 $ 632,703 Total liabilities and owners equity $ 523,836 $ 632,703
SMOLIRA GOLF CORPORATION
2021 Income Statement
Sales $ 512,954
Cost of goods sold 363,878
Depreciation 46,088
Earnings before interest and taxes $ 102,988
Interest paid 20,983
Taxable income $ 82,005
Taxes (23%)18,861
Net income $ 63,144
Dividends $ 24,000
Retained earnings 39,144
Smolira Golf Corporation has 53,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $30.
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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
c. What is the market-to-book ratio at the end of 2021?(Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.)
d. If the companys 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.)

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