Smolira Golf Corporation has 42,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $27. 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 are the dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the market-to-book ratio at the end of 2021? (Do not round intermediate calculations and 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.) a. Price-earnings ratio b. Dividends per share $ c. Market-to-book ratio d. PEG ratio 17.55 times 0.60 times 2.51 times Some recent financial statements for Smolira Golf Corporation follow. es Assets Current assets Cash Accounts receivable Inventory Total SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities 2020 $34,585 $38,020 17,901 27,946 3,670 42,712 $ 56,156 $108,678 Fixed assets Net plant and equipment $464,435 $ 519,933 Total assets SMOLIRA GOLF CORPORATION 2021 Income Cint $ 520,591 $628,611 Total liabilities and owners' equity Sales Cost of goods sold Depreciation Accounts payable Notes payable Other Taxable income Taxes (22%) Net income Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Earnings before interest and taxes Interest paid Dividends Retained earnings SMOLIRA GOLF CORPORATION 2021 Income Statement 2020 2021 $36,902 $42,682 19,208 $ 25,000 39,607 16,350 20,044 24,794 $76,154 $83,826 $116,000 $176,741 $ 55,200 $ 55,200 273,237 312,844 $328,437 368,044 $ 520,591 $628,611 $ 507,454 360,028 44,713 $102,713 19,883 $82,830 18,223 $ 64,607 Smolira Golf Corporation has 42,000 shares of common stants market wi
Smolira Golf Corporation has 42,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2021 was $27. 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 are the dividends per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the market-to-book ratio at the end of 2021? (Do not round intermediate calculations and 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.) a. Price-earnings ratio b. Dividends per share $ c. Market-to-book ratio d. PEG ratio 17.55 times 0.60 times 2.51 times Some recent financial statements for Smolira Golf Corporation follow. es Assets Current assets Cash Accounts receivable Inventory Total SMOLIRA GOLF CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities 2020 $34,585 $38,020 17,901 27,946 3,670 42,712 $ 56,156 $108,678 Fixed assets Net plant and equipment $464,435 $ 519,933 Total assets SMOLIRA GOLF CORPORATION 2021 Income Cint $ 520,591 $628,611 Total liabilities and owners' equity Sales Cost of goods sold Depreciation Accounts payable Notes payable Other Taxable income Taxes (22%) Net income Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Earnings before interest and taxes Interest paid Dividends Retained earnings SMOLIRA GOLF CORPORATION 2021 Income Statement 2020 2021 $36,902 $42,682 19,208 $ 25,000 39,607 16,350 20,044 24,794 $76,154 $83,826 $116,000 $176,741 $ 55,200 $ 55,200 273,237 312,844 $328,437 368,044 $ 520,591 $628,611 $ 507,454 360,028 44,713 $102,713 19,883 $82,830 18,223 $ 64,607 Smolira Golf Corporation has 42,000 shares of common stants market wi
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