SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 2,881 $ 2,757 Accounts payable $ 2,208 $ 2,710 Accounts receivable 4,712 5,671 Notes payable 1,805 2,226 Inventory 12,698 13,672 Other 101 118 Total $20,291 $ 22,100 Total $ 4,114 $ 5,054 $ 14,400 $ 17,160 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 43,500 $43,500 $ Fixed assets 15,709 39,915 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 $ 189,570 Sales 127,303 Cost of goods sold Depreciation 5,223 EBIT Interest paid $ 57,044 1,320 Taxable income Taxes $ 55,724 19,503 Net income $ 36,221 Dividends Retained earnings $ 12,015 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., 32.16.) b. What is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What are the dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 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., 32.16.) a. times times Price-earnings ratio b. Price-sales ratio c. Dividends per share d. Market-to-book ratio times