SMOLIRA GOLF, INC.

Balance Sheets as of December $31,2018$ and $2019$

$2018201920182019$

Assets Liabilities and Owners$$ Equity

Current assets Current liabilities

Cash $ $2,881$ $ $2,757$ Accounts payable $ $2,208$ $ $2,710$

Accounts receivable $4,7125,671$ Notes payable $1,8052,226$

Inventory $12,69813,672$ Other $101118$

Total $ $20,291$ $ $22,100$ Total $ $4,114$ $ $5,054$

Long$-$term debt $ $14,400$ $ $17,160$

Owners$$ equity

Common stock

and paid$-$in surplus $ $43,500$ $ $43,500$

Fixed assets Accumulated retained earnings $15,70939,915$

Net plant and equipment $ $57,432$ $ $83,529$ Total $ $59,209$ $ $83,415$

Total assets $ $77,723$ $ $105,629$ Total liabilities and owners$$ equity $ $77,723$ $ $105,629$

SMOLIRA GOLF, INC.

$2019$ Income Statement

Sales $ $189,570$

Cost of goods sold $127,303$

Depreciation $5,223$

EBIT $ $57,044$

Interest paid $1,320$

Taxable income $ $55,724$

Taxes $19,503$

Net income $ $36,221$

Dividends $ $12,015$

Retained earnings $24,206$

Smolira Golf has $13,000$ shares of common stock outstanding, and the market price for a share of stock at the end of $2019$ was $$88.$

a$.$ What is the price$-$earnings ratio? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What is the price$-$sales ratio? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

c$.$ What are the dividends per share? $($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

d$.$ What is the market$-$to$-$book ratio at the end of $2019?($Do not round intermediate calculations and round your answer to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$