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Smolira Golf Corp. has 58,000 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 58,000 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 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 7 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 liabilities Current assets Accounts Inventory $ 36,185 39,492 29,386 43,352 $ 59,036 112,230 $ 39,942 43,482 17,550 26,074 $82,234$87106 $124,000 190,525 Accounts payable Notes payable Other 18,701 20,808 21,484 receivable 4,150 Total Total Long-term debt Owners' equity Common stock and paid-in $56,80056,800 surplus earnings Total Accumulated retained 262,277 300,132 Fixed assets Net plant and $466,275 $522,333 $ 319,077 $356,932 equipment Total liabilities and owners* equity Total assets $ 525,311 $634,563 $ 525,311 $634,563 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation $515,454 365,628 46,713 Earnings before interest $ 103,113 21,483 and taxes Interest paid $ 81,630 18,775 Taxable income Taxes (23%) Net income 62,855 Dividends Retained earnings $25,000 37,855

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