SMOLIRA GOLF CORP.
2015 Income Statement
|
Sales
|
$ 369,630
|
|
Cost of goods sold
|
253,500
|
|
Depreciation
|
46,500
|
|
Earnings before interest and taxes
|
$ 69,630
|
|
Interest paid
|
14,500
|
|
Taxable income
|
$ 55,130
|
|
Taxes (20%)
|
11,026
|
|
Net income
|
$ 44,104
|
Dividends $22,000
Retained earnings 22,104
Smolira Golf Corp. has 20,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2015 was $35.
What is the price-earnings ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)
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 2015? (Round your answer to 2 decimal places, e.g., 32.16.)
If the company's growth rate is 9 percent, what is the PEG ratio? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)