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 $ 37,928 Accounts payable $ 36,712 27,856 Notes payable 19,108 42,672 Other 19,954 $ 34,485 17,851 3,640 $ 42,632 16,275 24,714 Total $ 55,976 $ 108,456 Total $ 75,774 $ 83,621 Long-term debt $ 115,500 $ 174,101 $ 55,100 $ 55,100 Owners' equity Common stock and paid-in surplus Accumulated retained earnings 273,922 315,417 Fixed assets Net plant and equipment $464,320 $ 519,783 Total $329,022 $ 370,517 Total assets $520,296 $628,239 Total liabilities and owners' equity $520,296 $628,239 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $506,954 359,678 44,588 Earnings before interest and taxes Interest paid $ 102,688 19,783 Taxable income Taxes (21%) $ 82,905 17,410 Net income $ 65,495 Dividends Retained earnings $24,000 41,495 Smolira Golf Corp. has 41,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $27. 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.) c. 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.) times a. Price-earnings ratio b. Dividends per share c. Market-to-book ratio d. PEG ratio times times