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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 $ 21,90024,500 Accounts payable $ 19,720 $ 27,500
Accounts receivable 11,71615,600 Notes payable 15,0009,400
Inventory 23,73427,500 Other 10,04318,300
Total $ 57,35067,600 Total $ 44,763 $ 55,200
Long-term debt $ 60,000 $ 74,800
Owners equity
Common stock and paid-in surplus $ 44,000 $ 44,000
Retained earnings 146,655256,000
Fixed assets
Net plant and equipment $ 238,068362,400 Total $ 190,655 $ 300,000
Total assets $ 295,418430,000 Total liabilities and owners equity $ 295,418 $ 430,000
EARL GREY GOLF CORP.
2018 Statement of Comprehensive Income
Sales $ 521,872
Cost of goods sold 254,500
Depreciation 32,800
Earnings before interest and tax $ 234,572
Interest paid 12,330
Taxable income $ 222,242
Taxes (40%)88,897
Net income $ 133,345
Dividends $ 24,000
Additions to retained earnings 109,345
Earl Grey Golf Corp. has 40,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $30.
What is the priceearnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.)
Priceearnings ratio 9.00 Numeric ResponseEdit Unavailable. 9.00 correct.times
What are the dividends per share? (Round the final answer to 2 decimal places. Omit $ sign in your response.)
Dividends $ 0.60 Numeric ResponseEdit Unavailable. 0.60 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 4.00 Numeric ResponseEdit Unavailable. 4.00 correct.times
If the companys growth rate is 7%, what is the PEG ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.)
PEG ratio 128.57 Numeric ResponseEdit Unavailable. 128.57 incorrect.times

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