Assets 2017 2018 Current assets Cash Accounts receivable Inventory SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 37,837 Accounts payable $ 36,722 27,766 Notes payable 19,008 42.632 Other 19,864 $ 34,385 17,801 36,310 $ 42,582 16,200 24,634 Total $ 88,496 $ 108,235 Total $ 75,594 $ 83,416 $ 115,000 $ 145,000 Long-term debt Owners' equity Common stock and paid in Surplus Accumulated retained earnings $ 55,000 $ 55,000 307.217 344.452 Net plant and equipment $464,315 $ 519,633 Total $362.217 $399,452 Total assets $552 811 $627.868 Total liabilities and owners equity $552,811 $627,868 SMOLIRA GOLF CORP 2018 Income Staternent Sales Cost of goods sold Depreciation $506,454 359,328 44,463 Earnings before interest and taxes Interest paid $ 102,663 19,683 Taxable income Taxes (25%) $ 82,980 20,745 Net income $ 62,235 Dividends Retained earnings $25,000 37,235 Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $58. 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 2018? (Do not round intermediate 44 NAV nswer to 2 decimal places, e.g., 32.16.) d. If the company's growth rate is 9 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) times a. Price-earnings ratio b. Dividends per share C. Market-to-book ratio d. PEG ratio times times