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Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Assets Liabilities and Owners Equity 2014 2015 2014

Some recent financial statements for Smolira Golf Corp. follow.
SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets
Assets Liabilities and Owners Equity
2014 2015 2014 2015
Current assets Current liabilities
Cash $ 24,066 $ 24,300 Accounts payable $ 23,384 $ 27,300
Accounts receivable 12,648 15,400 Notes payable 13,000 11,000
Inventory 25,642 27,300 Other 11,771 16,700
Total $ 62,356 $ 67,000 Total $ 48,155 $ 55,000
Long-term debt $ 71,000 $ 82,000
Owners equity
Common stock and paid-in surplus $ 42,000 $ 42,000
Accumulated retained earnings 227,896 250,000
Fixed assets
Net plant and equipment $ 326,695 $ 362,000 Total $ 269,896 $ 292,000
Total assets $ 389,051 $ 429,000 Total liabilities and owners equity $ 389,051 $ 429,000

SMOLIRA GOLF CORP. 2015 Income Statement
Sales $ 369,630
Cost of goods sold 253,500
Depreciation 46,500
Earnings before interest and taxes $ 69,630
Interest paid 14,500
Taxable income $ 55,130
Taxes (20%) 11,026
Net income $ 44,104
Dividends $ 22,000
Retained earnings 22,104

Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2015 was $35.

1. What is the market-to-book ratio at the end of 2015? (Round your answer to 2 decimal places, e.g., 32.16.)

Market-to-book ratio times

2.

If the companys growth rate is 9 percent, what is the PEG ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

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