Question: Please show work Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2018 and 2019 2018



Please show work
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 $ 3,271 $ 3,457 Accounts payable $ 2,138 $ 2,570 Accounts receivable 4,782 5,811 Notes payable 1,735 2,086 Inventory 12,418 13,812 Other 87 104 Total $ 20,471 $23,080 Total $ 3,960 $ 4,760 $ 13,700 $16,460 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 36,500 $36,500 $ 38,893 15,639 Fixed assets Net plant and equipment $49,328 $73,533 Total 75,393 $ 52,139 $ Total assets $69,799 $ 96,613 Total liabilities and owners' equity $ 69,799 $96,613 SMOLIRA GOLF, INC. 2019 Income Statement 186,770 Sales 125,903 Cost of goods sold Depreciation 5,363 EBIT Interest paid $55,504 1,460 Taxable income Taxes $ 54,044 18,915 Net income $ 35,129 Dividends 11,875 23,254 Retained earnings Smolira Golf has 11,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2019 was $74. 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 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.) times times a. Price-earnings ratio b. Price-sales ratio C. Dividends per share d. Market-to-book ratio times
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