Assets 2020 2021 Current assets Cash $ 35,185 $ 38,572 Accounts receivable Notes payable Inventory Other Total $ 57,236 $110,010 Total 2020 and 2021 Balance Sheets 18,201 28,486 3,850 42,952 Liabilities and Owners' Equity Current liabilities Accounts payable 2020 2021 16,800 $ 38,042 $42,982 19,808 20,584 25,274 $78,434 $85,056 Long-term debt $ 119,000 $ 184,427 Owners' equity Fixed assets Common stock and paid-in surplus $55,800 $55,800 Accumulated retained earnings Net plant and equipment $465,125 $520,833 Total 269,127 305,560 $ $324,927 361,360 Total assets $ 522,361 $ 630,843 Total liabilities and owners' equity $ 522,361 630,843 SMOLIRA GOLF CORPORATION 2021 Income Statement Sales $510,454 Cost of goods sold 362,128 Depreciation 45,463 2021 Income Statement Sales $510,454 Cost of goods sold 362,128 Depreciation 45,463 Earnings before interest and $ 102,863 taxes Interest paid 20,483 Taxable income $ 82,380 Taxes (23%) Net income 18,947 $ 63,433 Dividends $27,000 36,433 Retained earnings Smolira Golf Corporation has 48,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $29. a. b. C. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What are the dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 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 company's growth rate is 5 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)