Question
Smolira Golf Corp. has 25,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2015 was
Smolira Golf Corp. has 25,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2015 was $52. |
What is the price-earnings ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) |
Price-earnings ratio | times |
What are the dividends per share? (Round your answer to 2 decimal places, e.g., 32.16.) |
Dividends | per share |
What is the market-to-book ratio at the end of 2015? (Round your answer to 2 decimal places, e.g., 32.16.) |
Market-to-book ratio | times |
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.) |
PEG ratio | times |
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash Accounts receivable $ 24,056 12,548 25,592 $ 24,200 15,300 27,200 Accounts payable Notes payable Other $ 23,284 12,000 11,671 $ 27,200 10,900 15,900 Total $ 62,196 $ 66,700 Total $ 46,955 $ 54,000 Long-term debt Owners' equity $ 90,000 $103,000 Common stock and paid-in surplus 42,000 208,936 $ 42,000 233,000 Accumulated retained earnings Total Total liabilities and owners' equity Fixed assets Net plant and equipment $325,695 $365,300 $250,936 $275,000 Total assets $387,891 $432,000 $387,891 $432,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started