Tue 3:29 PM Hop Views Wide SMOLTREGOLFCORI 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 2018 2017 Current $16.722 5 42,582 Cash 534385 53737 Current liabilities Accounts payable Notes payable Other 19.008 16,200 Accounts receivable 17.801 19864 24.614 Imemory Total 5.83.416 Sios S594 Tocal S115.000 5145.000 Ownersequity Genok and pand-in surplus $ 55,000 5.35,000 344452 Huedas Accumulat WE Aidal WIN 4645 5190 Total 5.362.212 5302152 Net plan spese To 35523 5627.86 Tables and 55521 st MacBook Air 30 od DO G : PE A T $ 4 7 2 3 % 5 & 7 1 0 6 8 9 + N Q W R T Y { C 1 0 SMOLIRA GOLF CORP. 2018 Income Statement Sales $ 506,454 359,328 44,463 Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income $ 102,663 19,683 $ 82,980 Taxes (25%) 20,745 Net income $ 62,235 Dividends $ 25,000 Retained earnings 37,235 29. Market Value Ratios (LO2] Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $58. What is the price-earnings ratio? What are the dividends per share? What is the market-to-book ratio at the end of 2018? If the company's growth rate is 9 percent. what is the PEG ratio? Tobin's Q [LO2] What is Tobin's Q for Smolira Golf? What assumptions are you making about the book value of debt 30