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Some recent financial statements for Earl Grey Golf Corp. follow. 2018 Assets 2017 Current assets Cash $ 21,950 Accounts receivable 12,216 Inventory 24,414 Total $
Some recent financial statements for Earl Grey Golf Corp. follow. 2018 Assets 2017 Current assets Cash $ 21,950 Accounts receivable 12,216 Inventory 24,414 Total $ 58,580 EARL GREY GOLF CORP! 2017 and 2018 Statement of Financial Position Liabilities and Owners Equity 2018 2017 Current liabilities 25,000 Accounts payable $ 20,220 16, 160 Notes payable 19,000 28,000 Other 10,543 69,100 Total $ 49,763 Long-term debt $ 78,000 Owners' equity Common stock and paid-in surplus $ 60,000 Retained earnings 113,885 $ 28,000 19,900 18,300 $ 56,200 $ 90,800 $ 60,000 226,000 Fixed assets Net plant and equipment Total assets 363,900 Total $243,068 $301,648 $173,885 $301, 648 $286,000 $433,000 433,000 Total liabilities and owner's equity EARL GREY GOLF CORP. 2018 Statement of Comprehensive Income Sales Cost of goods sold Depreciation Earnings before interest and tax Interest paid Taxable income Taxes (20%) Net income Dividends $ 29,900 Additions to retained earnings 112, 115 $ 494,524 257,000 48,300 $ 189, 224 12,830 $ 176,394 35, 279 $141, 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 Prev 11 of 11 NEX NEN nheducation.com/ext/map/index.html?_con=con&external browser=0&launchurl=https%253A%2521%252Fnewconnect.mneducation.com%252F#/activity/quest Homework Saved LOSLUI BUO s010 Depreciation Earnings before interest and tax Interest paid Taxable income Taxes (20%) Net income Dividends Additions to retained earnings 231,000 48,300 $189,224 12,830 $176,394 35,279 $141, 115 $ 29,000 112,115 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 price-earnings ratio? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Price-earnings 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 company's growth rate is 8%, what is the PEG ratlo? (Round the intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) PEG ratio times
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