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Some recent financial statements for Earl Grey Golf Corp. follow. EARL GREY GOLF CORP. 2 0 1 7 and 2 0 1 8 Statement of

Some recent financial statements for Earl Grey Golf Corp. follow.
EARL GREY GOLF CORP.
2017 and 2018 Statement of Financial Position
Assets Liabilities and Owners Equity
2017201820172018
Current assets Current liabilities
Cash $ 24,046 $ 24,255 Accounts payable $ 23,184 $ 27,420
Accounts receivable 12,44815,235 Notes payable 12,00010,800
Inventory 25,39227,155 Other 11,57115,553
Total $ 61,886 $ 66,645 Total $ 46,755 $ 53,773
Long-term debt $ 80,000 $ 95,000
Fixed assets Owners equity
Net plant and equipment $ 324,695 $ 365,734 Common stock and paid-in surplus $ 40,000 $ 40,000
Retained earnings 219,826243,606
Total $ 259,826 $ 283,606
Total assets $ 386,581 $ 432,379 Total liabilities and owners equity $ 386,581 $ 432,379
EARL GREY GOLF CORP.
2018 Statement of Comprehensive Income
Sales $ 366,996
Cost of goods sold 253,122
Depreciation 32,220
Earnings before interest and taxes $ 81,654
Interest paid 14,300
Taxable income $ 67,354
Taxes (35%)23,574
Net income $ 43,780
Dividends $ 20,000
Additions to retained earnings 23,780
Earl Grey Golf Corp. has 25,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $43.
What is the priceearnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.)
Priceearnings ratio 24.55 Numeric Response 1.Edit Unavailable. 24.55 incorrect.times
What are the dividends per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)
Dividends $ 0.80 Numeric Response 2.Edit Unavailable. 0.80 correct.per share
What is the market-to-book ratio at the end of 2018?(Do not round intermediate calculations. Round the final answer to 2 decimal places.)
Market-to-book ratio 3.79 Numeric Response 3.Edit Unavailable. 3.79 correct.times
If the companys growth rate is 9%, what is the PEG ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.)
PEG ratio 2.73 Numeric Response 4.Edit Unavailable. 2.73 correct.times
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