SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets

Assets

Liabilities and Owners Equity

2014

2015

2014

2015

Current assets

Current liabilities

Cash

$

23,066

$

25,300

Accounts payable

$

24,384

$

28,300

Accounts receivable

13,648

16,400

Notes payable

14,000

12,000

Inventory

27,152

28,300

Other

12,771

19,700

Total

$

63,866

$

70,000

Total

$

51,155

$

60,000

Long-term debt

$

81,000

$

90,000

Owners equity

Common stock and paid-in surplus

$

55,000

$

55,000

Accumulated retained earnings

213,406

229,000

Fixed assets

Net plant and equipment

$

336,695

$

364,000

Total

$

268,406

$

284,000

Total assets

$

400,561

$

434,000

Total liabilities and owners equity

$

400,561

$

434,000

SMOLIRA GOLF CORP. 2015 Income Statement
Sales					$	333,706
Cost of goods sold						215,200
Depreciation						49,300
Earnings before interest and taxes					$	69,206
Interest paid						15,500
Taxable income					$	53,706
Taxes (30%)						16,112
Net income					$	37,594
Dividends	$	22,000
Retained earnings		15,594

Smolira Golf Corp. has 40,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2015 was $42.

What is the price-earnings ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

What are the dividends per share? (Round your answer to 2 decimal places, e.g., 32.16.)

What is the market-to-book ratio at the end of 2015? (Round your answer to 2 decimal places, e.g., 32.16.)

If the companys growth rate is 10 percent, what is the PEG ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)