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Smolira Golf Corp. has 49,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was

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Smolira Golf Corp. has 49,000 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 6 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 35,285 $38,664 28,576 42,992 $ 57,416 $110,232 $ 38,232$ 43,032 16,875 25,354 $ 78,814$ 85,261 $119,500 $183,060 Cash Accounts Accounts payable Notes payable Other 18,251 19,908 receivable Inventory 3,880 20,674 Total Total Long-term debt Owners' equity Common stock and paid-n$ 55,900 55,900 surplus Accumulated retained 268,442 306,994 earnings Fixed assets Net plant and $465,240 $520,983 Total $324,342 $362,894 equipment Total liabilities and owners Total assets $522,656 $631,215 $522,656 $631,215 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation $510,954 362,478 45,588 Earnings before interest $102,888 20,583 $82,305 and taxes Interest paid Taxable income Taxes (24%) 19,753 Net income 62,552 Dividends Retained earnings $24,000 38,552

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