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EARL GREY GOLF CORP. 2 0 1 7 and 2 0 1 8 Statement of Financial Position Assets Liabilities and Owners E quity 2 0

EARL GREY GOLF CORP.
2
0
1
7
and
2
0
1
8
Statement of Financial Position
Assets Liabilities and Owners
E quity
2
0
1
7
2
0
1
8
2
0
1
7
2
0
1
8
Current assets Current liabilities
Cash $
2
4
,
0
4
6
$
2
4
,
2
5
5
Accounts payable $
2
3
,
1
8
4
$
2
7
,
4
2
0
Accounts receivable
1
2
,
4
4
8
1
5
,
2
3
5
Notes payable
1
2
,
0
0
0
1
0
,
8
0
0
Inventory
2
5
,
3
9
2
2
7
,
1
5
5
Other
1
1
,
5
7
1
1
5
,
5
5
3
Total $
6
1
,
8
8
6
$
6
6
,
6
4
5
Total $
4
6
,
7
5
5
$
5
3
,
7
7
3
Fixed assets Long
-
term debt $
8
0
,
0
0
0
$
9
5
,
0
0
0
Net plant and
equipment
$
3
2
4
,
6
9
5
$
3
6
5
,
7
3
4
Owners
equity Common stock and paid
-
in
surplus
$
4
0
,
0
0
0
$
4
0
,
0
0
0
Retained earnings
2
1
9
,
8
2
6
2
4
3
,
6
0
6
Total $
2
5
9
,
8
2
6
$
2
8
3
,
6
0
6
Total assets $
3
8
6
,
5
8
1
$
4
3
2
,
3
7
9
Total liabilities and owners
equity $
3
8
6
,
5
8
1
$
4
3
2
,
3
7
9
EARL GREY GOLF CORP.
2
0
1
8
Statement of Comprehensiv e Income
Sales $
3
6
6
,
9
9
6
Cost of goods sold
2
5
3
,
1
2
2
Depreciation
3
2
,
2
2
0
Earnings before interest and tax $
8
1
,
6
5
4
Interest paid
1
4
,
3
0
0
Taxable income $
6
7
,
3
5
4
Taxes
(
3
5
%
)
2
3
,
5
7
4
3
1
.
Market Value Ratios
(
LO
3
)
Earl Grey Golf Corp. has
2
5
,
0
0
0
shares of common stock
EARL GREY GOLF CORP.
2
0
1
8
Statement of Comprehensiv e Income
Net Income $
4
3
,
7
8
0
Dividends $
2
0
,
0
0
0
Additions to retained earnings
2
3
,
7
8
0Earl Grey Golf Corp. has 25,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $43. What is the priceearnings ratio? What are the dividends per share? What is the market-to-book ratio at the end of 2018? If the companys growth rate is 9%, what is the PEG ratio ?

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