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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 2018 2019 2018 2019
Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 2,761 $ 2,557 Accounts payable $ 2,228 $ 2,750 Accounts receivable 4,692 5,631 Notes payable 1,825 2,266 Inventory 12,778 13,632 Other 105 122 Total $ 20,281 $ 21.820 Total $ 4,158 $ 5,138 $ 14,800 $ 17,560 Long-term debt Owners' equity Common stock 45.500 $45,500 $ and paid-in surplus Accumulated retained earnings 40,207 Fixed assets 15.729 Net plant and equipment $59,956 $ 86.585 Total $ 61.229 $85.707 Total assets $ 80,187 $108,405 Total liabilities and owners equity 108,405 $ 80,187 $ SMOLIRA GOLF, INC. 2019 Income Statement 190,370 $ Sales Cost of goods sold Depreciation 127,703 5,183 EBIT Interest paid $ 57,484 1,280 Taxable income Taxes $56,204 19,671 Net income $36,533 12.055 Dividends Retained earnings 24.478 Smolira Golf has 13.000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $92. a. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Smolira Golf has 13,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $92. 8. 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. times times Price-earnings ratio b. Price-sales ratio Dividends per share d. Market-to-book ratio c. times
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