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Problem 19-5 Price Ratios (LO3, CFA6) You are given the following information for Smashville, Inc. Cost of goods sold: $199,000 Investment income: $1,900 Net sales:

Problem 19-5 Price Ratios (LO3, CFA6)

You are given the following information for Smashville, Inc.

Cost of goods sold: $199,000
Investment income: $1,900
Net sales: $384,000
Operating expense: $88,000
Interest expense: $7,400
Dividends: $7,000
Tax rate: 21 %

Current liabilities: $14,000
Cash: $21,000
Long-term debt: $29,000
Other assets: $43,000
Fixed assets: $133,000
Other liabilities: $5,000
Investments: $39,000
Operating assets: $35,000

During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $11,000. At the end of the year, Smashville stock sold for $45 per share. Calculate the price-book ratio, price-earnings ratio, and price-cash flow ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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