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Assets Current assets Cash Accounts receivable Inventory $ 3,151 4,757 12,518 $ 3,207 5,761 13,762 2021 SMOLIRA GOLF, INCORPORATED Balance Sheets as of December
Assets Current assets Cash Accounts receivable Inventory $ 3,151 4,757 12,518 $ 3,207 5,761 13,762 2021 SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 2022 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Other 2021 2022 $ 2,163 1,760 Total $ 20,426 $ 22,730 Total $ 4,015 Long-term debt $ 13,200 Owners' equity Common stock and paid-in surplus $ 39,000 Fixed assets Net plant and equipment $ 51,453 $ 76,353 Accumulated retained earnings Total 15,664 $ 54,664 92 $ 2,620 2,136 109 $ 4,865 $ 15,960 39,000 39,258 $ 78,258 Total assets $ 71,879 $ 99,083 Total liabilities and owners' equity $ 71,879 $ 99,083 SMOLIRA GOLF, INCORPORATED 2022 Income Statement Sales $ 187,770 Cost of goods sold Depreciation 126,403 5,313 EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings $ 56,054 1,410 $ 54,644 19,125 $ 35,519 $ 11,925 23,594 Smolira Golf has 12,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2022 was $79. a. What is the price-earnings ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the price-sales ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What are the dividends per share? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. d. What is the market-to-book ratio at the end of 2022? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a. Price-earnings ratio b. Price-sales ratio times times c. Dividends per share d. Market-to-book ratio times
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