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Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2013 and 2014 2013 2014 2013 2014

Some recent financial statements for Smolira Golf, Inc., follow.

SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2013 and 2014

2013

2014

2013

2014

Assets

Liabilities and Owners Equity

Current assets

Current liabilities

Cash

$

4,607

$

4,910

Accounts payable

$

3,413

$

3,846

Accounts receivable

6,702

8,149

Notes payable

2,768

3,416

Inventory

17,357

19,350

Other

138

165

Total

$

28,666

$

32,409

Total

$

6,319

$

7,427

Long-term debt

$

22,500

$

19,000

Owners equity

Common stock

and paid-in surplus

$

38,000

$

38,000

Fixed assets

Accumulated retained earnings

20,535

44,792

Net plant and equipment

$

58,688

$

76,810

Total

$

58,535

$

82,792

Total assets

$

87,354

$

109,219

Total liabilities and owners equity

$

87,354

$

109,219

SMOLIRA GOLF, INC. 2014 Income Statement

Sales

$

205,227

Cost of goods sold

138,383

Depreciation

5,910

EBIT

$

60,934

Interest paid

1,617

Taxable income

$

59,317

Taxes

20,760

Net income

$

38,557

Dividends

$

14,300

Retained earnings

24,257

Smolira Golf has 10,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2014 was $73.

Requirement 1:

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

Price-earnings ratio

times

Requirement 2:

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

Price-sales ratio

times

Requirement 3:

What are the dividends per share? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Dividends per share

$

Requirement 4:

What is the market-to-book ratio at the end of 2014? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Market-to-book ratio

times

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