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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

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 2017 2018 2017 2018 Current assets Current liabilities Cash $ 21,950 25,000 Accounts payable $ 20,220 $ 28,000 Accounts receivable 12,216 16,100 Notes payable 19,000 9,900 Inventory 24,414 28,000 Other 10,543 18,300 Total $ 58,580 69,100 Total $ 49,763 $ 56,200 Long-term debt $ 78,000 $ 90,800 Owners equity Common stock and paid-in surplus $ 60,000 $ 60,000 Retained earnings 113,885 226,000 Fixed assets Net plant and equipment $ 243,068 363,900 Total $ 173,885 $ 286,000 Total assets $ 301,648 433,000 Total liabilities and owners equity $ 301,648 $ 433,000 EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income Sales $ 494,524 Cost of goods sold 257,000 Depreciation 48,300 Earnings before interest and tax $ 189,224 Interest paid 12,830 Taxable income $ 176,394 Taxes (20%) 35,279 Net income $ 141,115 Dividends $ 29,000 Additions to retained earnings 112,115 Earl Grey Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $37. What is the priceearnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Priceearnings ratio times What are the dividends per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.) Dividends $ 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 times If the companys growth rate is 8 %, what is the PEG ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) PEG ratio times PrevQuestion 20 of 40 Total20 of 40Visit question mapNext

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