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Some recent financial statements for Smolira Golf Corporation follow. SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners Equity 2020

Some recent financial statements for Smolira Golf Corporation follow.

SMOLIRA GOLF CORPORATION
2020 and 2021 Balance Sheets
Assets 2020 2021 Liabilities and Owners Equity 2020 2021
Current assets Current liabilities
Cash $ 35,185 $ 38,572 Accounts payable $ 38,042 $ 42,982
Accounts receivable 18,201 28,486 Notes payable 19,808 16,800
Inventory 3,850 42,952 Other 20,584 25,274
Total $ 57,236 $ 110,010 Total $ 78,434 $ 85,056
Long-term debt $ 119,000 $ 184,427
Owners equity
Common stock and paid-in surplus $ 55,800 $ 55,800
Accumulated retained earnings 269,127 305,560
Fixed assets
Net plant and equipment $ 465,125 $ 520,833 Total $ 324,927 $ 361,360
Total assets $ 522,361 $ 630,843 Total liabilities and owners equity $ 522,361 $ 630,843

SMOLIRA GOLF CORPORATION
2021 Income Statement
Sales $ 510,454
Cost of goods sold 362,128
Depreciation 45,463
Earnings before interest and taxes $ 102,863
Interest paid 20,483
Taxable income $ 82,380
Taxes (23%) 18,947
Net income $ 63,433
Dividends $ 27,000
Retained earnings 36,433

Smolira Golf Corporation has 48,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $29.

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? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
c. What is the market-to-book ratio at the end of 2021? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
d. If the companys growth rate is 5 percent, what is the PEG ratio?

. Price-earnings ratio times
b. Dividends per share
c. Market-to-book ratio times
d. PEG ratio times

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