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Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2019 2018 2018 2019
Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2019 2018 2018 2019 Liabilities and Owners' Equity Assets Current assets Current liabilities $ 3,181 $ 3,257 4,762 5,771 12,498 13,772 $ 2,158 $ 2,610 1,755 2,126 Cash Accounts payable Notes payable Accounts receivable Inventory Other 91 108 $ 4,004 $ 4,844 $20,441 $22,800 Total Total Long-term debt Owners' equity $13,300 $16,060 Common stock 38,500 $38,500 $ and paid-in surplus Accumulated retained 15,659 39,185 Fixed assets earnings Net plant and equipment $51,022 $ 75,789 54,159 $77,685 Total 98,589 Total liabilities and owners' Total assets $71,463 $98,589 71,463 $ equity SMOLIRA GOLF, INC. 2019 Income Statement 187,570 $ Sales 126,303 Cost of goods sold Depreciation 5,323 $55,944 1,420 EBIT Interest paid $54,524 19,083 Taxable income Taxes $ 35,441 Net income 11,915 23,526 Dividends Retained earnings Smolira Golf has 11,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $78 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 is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What are the dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. What is the market-to-book ratio at the end of 2019? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) a. Price-earnings ratio b. Price-sales ratio c. Dividends per share d. Market-to-book ratio times times times
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