2018 $ 43,482 17,550 26,074 Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 Current assets Current liabilities Cash $ 36,185 $ 39,492 Accounts payable $ 39,942 Accounts 18,701 29,386 receivable 20,808 Notes payable Inventory 4,150 43,352 Other 21,484 Total $ 59,036 $ 112,230 Total $ 82,234 Long-term debt $124.000 Owners' equity Common stock and paid-in $ 56,800 surplus Accumulated retained 262,277 eamings Fixed assets Net plant and $466,275 $522,333 Total $ 319,077 equipment $ 87106 $ 190,525 $ 56,800 300.132 $356,932 Total assets $ 525,311 $634,563 Total liabilities and owners! equity $ 525,311 $634,563 SMOLIRA GOLF CORP. 2018 Income Statement Sales Cost of goods sold Depreciation $ 515,454 365.628 46,713 Earnings before interest and taxes Interest paid $ 103,113 21,483 Taxable income Taxes (23%) $ 81,630 18,775 Net income $ 62,855 Dividends Retained earnings $25,000 37.855 Smolira Golf Corp. has 58,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $29. Smolira Golf Corp. has 58,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $29. 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? (Round your answer to 2 decimal places, e.g., 32.16.) What is the market-to-book ratio at the end of 2018? (Round your answer to 2 decimal places, e.g., 32.16.) d. If the company's growth rate is 7 percent, what is the PEG ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. times a. Price-earnings ratio b. Dividends per share C. Market-to-book ratio d. PEG ratio times times