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Some recent financial statements for Smolira Golf Corp. follovw SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017
Some recent financial statements for Smolira Golf Corp. follovw SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 34,885 $38,296 28,216 42,832 $56,696 $109,344 $ 37,472 42,832 16,575 25,034 $ 77,294 84,441 $ 117,500 180,650 Cash Accounts Accounts payable Notes payable Other 18,051 19,508 receivable Inventory 3,760 20,314 Total Total Long-term debt Owners' equity Common stock and paid-in 55,500 55,500 surplus Accumulated retained 271,182 309,136 earnings Fixed assets Net plant and $464,780 $520,383 Total $326,682 $364,636 equipment Total liabilities and owners' equity Total assets 521,476 $629,727 $521,476 $629,727 SMOLIRA GOLF CORP 2018 Income Statement Sales Cost of goods sold Depreciation $508,954 361,078 45,088 Earnings before interest $ 102,788 20,183 $ 82,605 and taxes Interest paid Taxable income Taxes (25%) 20,651 Net income $ 61,954 Dividends Retained earnings $24,000 37,954 Smolira Golf Corp. has 45,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $28 a. What is the price-earnings ratio? (Do not round intermediate calculations and b. What are the dividends per share? (Round your answer to 2 decimal places, e.g., c. What is the market-to-book ratio at the end of 2018? (Round your answer to 2 d. If the company's growth rate is 6 percent, what is the PEG ratio? (Do not round round your answer to 2 decimal places, e.g., 32.16.) 32.16.) decimal places, e.g., 32.16.) intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
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