SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash Accounts $ 34,685 $ 38,112 $ 37,092$ 42,732 16,425 24,874 $ 76,534 84,031 $116,500 179,379 Accounts payable Notes payable Other 17,951 28,036 19,308 receivable Inventory 3,700 42,752 20,134 Total $ 56,336 108,900 Total Long-term debt Owners' equity Common stock and paid-in s 55,300 55,300 surplus Accumulated retained 272,552 310,273 earnings Fixed assets Net plant and $464,550 $520,083 Total $327852 $365,573 equipment Total liabilities and owners' equity Total assets $520,886 $628,983 $520,886 $628,983 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation $507,954 360,378 44,838 Earnings before interest $102,738 and taxes Interest paid 19,983 Taxable in Taxes (23%) $ 82,755 19,034 come Net income $ 63,721 Dividends Retained earnings $26,000 37,721 Smolira Golf Corp. has 43,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $27. a. What is the price-earnings ratio? (Do not round intermediate calculations and b. What are the dividends per share? (Round your answer to 2 decimal places, e.g., c. What is the market-to-book ratio at the end of 2018? (Round your answer to 2 round your answer to 2 decimal places, e.g., 32.16.) 32.16.) decimal places, e.g., 32.16.) d. If the company's growth rate is 8 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) times a. Price-earnings ratio b. Dividends per share C. Market-to-book ratio d. PEG ratio times times