SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 35,585 $ 38,940 Accounts payable $ 38,802 $ 43,182 Accounts receivable 18,401 28,846 Notes payable 20,208 17,100 Inventory 3,970 43,112 Other 20,944 25,594 Total $ 57,956 $ 110,898 Total $ 79,954 $ 85,876 Long-term debt $ 121,000 $ 186,846 Owners equity Common stock and paid-in surplus $ 56,200 $ 56,200 Accumulated retained earnings 266,387 303,409 Fixed assets Net plant and equipment $ 465,585 $ 521,433 Total $ 322,587 $ 359,609 Total assets $ 523,541 $ 632,331 Total liabilities and owners equity $ 523,541 $ 632,331 SMOLIRA GOLF CORP. 2018 Income Statement Sales $ 512,454 Cost of goods sold 363,528 Depreciation 45,963 Earnings before interest and taxes $ 102,963 Interest paid 20,883 Taxable income $ 82,080 Taxes (22%) 18,058 Net income $ 64,022 Dividends $ 27,000 Retained earnings 37,022 Smolira Golf Corp. has 52,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $30. a. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What are the dividends per share? (Round your answer to 2 decimal places, e.g., 32.16.) c. What is the market-to-book ratio at the end of 2018? (Round your answer to 2 decimal places, e.g., 32.16.) d. If the companys growth rate is 5 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)