Problem 3-29 Market Value Ratios (LO2) obook As P Preces Some recent financial statements for Smolito Golf Corporation follow. SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners' Equity 2020 2021 Current assets Current abilities Cash $ 34,685 38,112 Accounts payable $ 37,092 $42.732 Accounts receivable 17,951 28,036 Notes payable 19,308 16,425 Inventory 3,700 42.752 Other 20,134 24,874 Total $ 56,336 $ 108,900 Total $ 76,534 $ 84,031 Long-term debt $ 116,500 $ 179,379 Owners' equity Common stock and paids-in surplus $ 55,300 $ 55,300 Accumulated retained earnings 272,552 310,273 Fixed assets Net plant and equipment $ 520,083 Total $327852 365,573 464,550 $ Total assets Total abilities and owners' equity 520,886 628,983 520,896 628.900 Next 14. Total assets Total llabilities and owners equity 520,886 628,983 520,886 628,983 718 pos Book SMOLIRA GOLF CORPORATION 2021 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid 507,954 360,378 44,838 AR PI $ 102,738 References 19,983 Taxable income Taxes (23%) $ 82,755 19,034 Net Income $ 63,721 Dividends $ 26,000 Retained earnings 37,721 Smolira Golf Corporation has 43,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $27 7.18 points eBook Dividends $ 26,000 Retained earnings 37,721 Smolira Golf Corporation has 43,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $27. a. What is the price-earnings ratlo? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) b. What are the dividends per share? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) What is the market-to-book ratio at the end of 2021? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) If the company's growth rate is 8 percent, what is the PEG ratlo? (Do not round Intermediate calculations and round your answer to 2 decimal places, e,g, 32.16.) Ask Print C. References d. times a: Prico earnings ratio b. Dividonda por share a. Markot-fo-book ratio d. PEG ito umos mos