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q20 2020 2021 Assets Current assets Cash Accounts receivable Inventory Total SMOLIRA GOLF Corporation 2020 and 2021 Balance Sheets 2020 2021 Liabilities and Owners' Equity

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2020 2021 Assets Current assets Cash Accounts receivable Inventory Total SMOLIRA GOLF Corporation 2020 and 2021 Balance Sheets 2020 2021 Liabilities and Owners' Equity Current liabilities $ 32,653 $ 39,350 Accounts payable 16,911 28,877 Notes payable 34,495 44,336 Other $ 34,886 $ 44,285 18,058 16,848 18,871 25.619 $ 84,059 $ 112,563 Total $ 71,815 $ 86,752 Long-term debt $ 110,000 140,000 Owners' equity Common stock and paid-in surplus $ 55,000 $ 55,000 Accumulated retained earnings 288,343 333,683 Fixed assets Net plant and equipment $ 441,099 $ 502,872 Total $ 343,343 388,683 Total assets $ 525,158 $ 615,435 Total liabilities and owners' equity $ 525,158 615,435 $ 531.750 377,294 46.686 SMOLIRA GOLF Corporation 2021 Income Statement Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes (25%) Net income $ 107770 20,650 $ 87,120 21,780 $ 65,340 Dividends $ 20,000 Retained earnings 45,340 Smolira Golf Corporation has 15,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $79. What is Tobin's Q for Smolira Golf? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) ES SMOLIRA GOLF Corporation 2021 Income Statement Sales Cost of goods sold Depreciation $ 531,750 377,294 46,686 Earnings before interest and taxes Interest paid $ 107770 20,650 Taxable income Taxes (25%) $ 87,120 21,780 Net income $ 65,340 Dividends Retained earnings $ 20,000 45,340 Smolira Golf Corporation has 15,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $79. What is Tobin's Q for Smolira Golf? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Tobin's

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