What is the price-earnings ratio

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Reference no: EM131988506

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.)

Reference no: EM131988506

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