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Some recent financial statements for Smolira Golf, Incorporated, follow. Assets Current assets. Cash Accounts receivable. Inventory Total Fixed assets Net plant and equipment Total
Some recent financial statements for Smolira Golf, Incorporated, follow. Assets Current assets. Cash Accounts receivable. Inventory Total Fixed assets Net plant and equipment Total assets SMOLIRA GOLF, INCORPORATED 2022 Income Statement Sales Cost of goods sold Depreciation EBIT Interest paid Taxable income Taxes Net income Dividends Retained earnings $ 188,570 126,803 5,273 $ 56,494 1,370 $ 55,124 19,293 $ 35,831 $ 11,965 23,866 SMOLIRA GOLF, INCORPORATED Balance Sheets as of December 31, 2021 and 2022 2021 2022 Liabilities and Owners' Equity Current liabilities. Accounts payable Notes payable Other $ 3,031 4,737 12,598 $ 20,366 $ 54,277 $ 74,643 $ 3,007 5,721 13,722 $ 22,450 $ 79,709 $ 102,159 Total Long-term debt. Owners' equity Common stock and paid-in surplus. Accumulated retained earnings Total Total liabilities and owners' equity 2021 $ 2,183 1,780 96 $ 4,059 $ 13,900 $ 41,000 15,684 $ 56,684 $ 74,643 2022 $ 2,660 2,176 113. $ 4,949 $ 16,660 $ 41,000 39,550 $ 80,550 $ 102,159 Smolira Golf has 12,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2022 was $83. a. What is the price-earnings ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. b. What is the price-sales ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. c. What are the dividends per share? Note: 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 2022? Note: 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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