SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 35,085 $38,480 28,396 42,912 $ 57,056 109,788 $ 37,85242,932 16,725 25,194 $ 78,054 $ 84,851 $ 118,500 $ 181,793 Cash Accounts 18,151 3,820 Accounts payable Notes payable Other 19,708 receivable Inventoryy 20,494 Total Total Long-term debt Owners' equity Common stock and paid-in $ 55,700 55,700 surplus Accumulated retained 269,812 308,127 earnings Fixed assets Net plant and $465,010 $520,683 Total $325,512 $363,827 equipment Total liabilities and owners' equity Total assets $522,066 630,471 $522,066 630,471 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation $509,954 361,778 45,338 Earnings before interest $102,838 20,383 and taxes Interest paid Taxable income Taxes (22%) $ 82,455 18,140 Net income $ 64,315 Dividends Retained earnings $26,000 38,315 Smolira Golf Corp. has 47,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $29. 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 d. If the company's growth rate is 8 percent, what is the PEG ratio? (Do not round round your answer to 2 decimal places, e.g., 32.16.) 32.16.) decimal places, e.g., 32.16.) intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Price-earnings ratio b. Dividends per share c. | Market-to-book ratio d. PEG ratio times times times