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Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 3,061
Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 3,061 $ 3,057 Accounts payable $ 2,178 $ 2,650 Accounts receivable 4.742 5.731 Notes payable 1,775 2,166 Inventory 12,578 13,732 Other 95 112 Total $20,381 $ 22,520 Total $ 4,048 $ 4,928 $ 12,900 $15,660 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $40,500 $ 40,500 Fixed assets 15,679 39,477 Net plant and equipment $52,746 $ 78,045 Total $ 56,179 $ 79,977 Total assets $ 73,127 $100,565 Total liabilities and owners' equity $ 73,127 $ 100,565 SMOLIRA GOLF, INC. 2019 Income Statement 188,370 $ Sales 126,703 Cost of goods sold Depreciation 5,283 EBIT Interest paid $56,384 1,380 Taxable income Taxes $55,004 19.251 Net income $ 35,753 Dividends $ 11,955 23,798 Retained earnings Smolira Golf has 11,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $82. a. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) . What is the price-sales 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.) d. What is the market-to-book ratio at the end of 2019? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 25.23 times times a. Price-earnings ratio b. Price-sales ratio c. Dividends per share d. Market-to-book ratio I times
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