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Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners Equity 2017 2018 2017

Some recent financial statements for Smolira Golf Corp. follow.

SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets
Assets Liabilities and Owners Equity
2017 2018 2017 2018
Current assets Current liabilities
Cash $ 35,285 $ 38,664 Accounts payable $ 38,232 $ 43,032
Accounts receivable 18,251 28,576 Notes payable 19,908 16,875
Inventory 3,880 42,992 Other 20,674 25,354
Total $ 57,416 $ 110,232 Total $ 78,814 $ 85,261
Long-term debt $ 119,500 $ 183,060
Owners equity
Common stock and paid-in surplus $ 55,900 $ 55,900
Accumulated retained earnings 268,442 306,994
Fixed assets
Net plant and equipment $ 465,240 $ 520,983 Total $ 324,342 $ 362,894
Total assets $ 522,656 $ 631,215 Total liabilities and owners equity $ 522,656 $ 631,215

SMOLIRA GOLF CORP. 2018 Income Statement
Sales $ 510,954
Cost of goods sold 362,478
Depreciation 45,588
Earnings before interest and taxes $ 102,888
Interest paid 20,583
Taxable income $ 82,305
Taxes (24%) 19,753
Net income $ 62,552
Dividends $ 24,000
Retained earnings 38,552

Smolira Golf Corp. has 49,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $30.

a.

What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

b. What are the dividends per share? (Round your answer to 2 decimal places, e.g., 32.16.)
c. What is the market-to-book ratio at the end of 2018? (Round your answer to 2 decimal places, e.g., 32.16.)
d. If the companys growth rate is 6 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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