c) Suppose a company's cash flow from assets is negative for a particular period. Is this necessarily a good sign or a bad sign? Someday Bor Corp EARL GREY GOLF CORP 2017 2018 Question 3. (25 marks) A 2011 Cure Cah 1224 13.210 Qur A 2020 13.000 20.000 17100 2000 22.00 I 2000 30.000 300 15200 351,765 Cards 345.000 MI 95.000 2300D F SO SIEME 5772 at SIMO wy EARL GREY GOLF CORP 2018 Gosto od Bang berada 25700 13.00 SES 3120 De 2.000 101.00 Earl Grey 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 $21. a) What is the price-earnings ratio? b) What are the dividends per share? c) What is the market-to-book ratio at the end of 2018? di If the remnany's growth rate is what is the DeGrati? Ceview View Help Tell me what you want to do Editing A B I U A A Eve Question 3. (25 marks) 2018 Some recent francial statements for Earl Grey Golf Corp. follow EARL GREY GOLF CORP 2017 and 2018 Statement of Finance Position Assets Lisbetes and Owners' Equity 2017 2018 2017 Current Current abilities Cash $ 24,20 25,000 Accounts payable $ 21.220 Accounts receivable 13.216 17.100 Notes payable 19.000 25 584 Inventory 20.000 Other 11.549 $ 63,036 72.100 Total $ 51.763 Long-term debit $ 35.000 Owners guy Common stock and paid in surplus $ 45,000 Rated eaming 131.341 Padsets Nel plant and equipment 5253,066 364.300 Total $ 178,341 Toul $316,104 437.000 Totalbies and was quity 5316,104 20.000 10.900 16.300 $ 58200 $100.000 $ 45,000 233.000 $ 270,000 5437,000 EARL GREY GOLF CORP 2016 Set Comprehensive income Sales Cost of goods sold Decation Earnings and tax pad Tabiincome To 40% $ 537.395 257.000 48.800 5231 13830 3217,765 87106 5130.650 Odens Moonstoned ang $ 20.000 101.650 Earl Grey 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 $21. On BI 1 > = A v Taxable income Taxes (40%) Net income Dividends Additions to retained earnings $217,765 87,106 $ 130,659 $ 29,000 101,659 Earl Grey 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 $21. a) What is the price-earnings ratio? b) What are the dividends per share? c) What is the market-to-book ratio at the end of 2018? d) If the company's growth rate is 8 %, what is the PEG ratio? I ew View Help Tell me what you want to do Editing Or Av Ao .. c) Suppose a company's cash flow from assets is negative for a particular period. Is this necessarily a good sign or a bad sign? Some recent tractaments for Earl Grey Got Corp. flow GREY GOU CON Question 3. (25 marks) Les Oy Current Account 1 235 10.216 121.220 Ac 17 18.000 11 1000 18300 72100 O To Logo 1 1.000 1351 On O BE 21 = 4 Styles Find Rete Files & Dictate 4 Header Question 3. (25 marks) 2018 Some contracts for Earl Grey Gold Corp. loto EARL GREY GOUF COR 2017 2018 Franci Postio Land Owners Ely 2017 2017 Current Current Ca 1 342 2.000 Accounts payable $21220 Actable 13.210 17.100 Nos v b 25584 20.000 O 11.543 16.03 2.100 To $ 576 Long 500 Owner Common look and she $45.000 Red 131341 Net plant andre 1251 4.500 Tul 1.341 To 5316.104 457.000 Totale dei 8104 1 29.000 10.000 1300 1.200 125.000 $278.000 107.000 ERE GREY GOLF CORP 2018 Sweet of Conghaivenom Cost of good Deprecat Earrings before and 3337208 257000 ARRO 323. 13.00 3217.145 $130.00 TON NO Diens Added ning Earl Grey 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 $21. a) What is the price-earnings ratio? b) What are the dividends per share? c) What is the market to book ratio at the end of 2018? d) If the company's growth rate is 8 %, what is the PEG ratio? c) Suppose a company's cash flow from assets is negative for a particular period. Is this necessarily a good sign or a bad sign? 12 Some recent financial statements for Earl Grey Gol Corp. foliow Question 3. (25 marks) Header Assets 2017 2017 2018 Current Cash About me Inventory $ 24230 12.216 25 564 S 03.030 EARL GREY GOLF CORP 2017 and 2015 Siement of Finand Position Lieben Owners 2018 Currentes 20.000 Accounts payable 17.100 Notes payable 28.000 Other 72,100 Total Long term debt $ 21.220 19.000 11.543 S $1.763 388000 $ 20.000 10.900 18,300 3 58.200 1100.000 Costock and paid suus Readings 45.000 11 145.000 233.000 Fred Nel plant and gament 5253.00 $116,104 54500 431.000 Tot Todowy 16,41 5316,104 5278.000 107.000 EARL GREY COU CORP