Smolira Golf Corp. has 48,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $29. 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? (Round your answer to 2 decimal places, e. g., 32.16.) c. What is the market-to-book ratio at the end of 2018? (Round your answer to 2 decimal places, e. g., 32.16.)

Question

Catherine

Business

6 February, 09:25

Smolira Golf Corp. has 48,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2018 was $29. 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? (Round your answer to 2 decimal places, e. g., 32.16.) c. What is the market-to-book ratio at the end of 2018? (Round your answer to 2 decimal places, e. g., 32.16.)

+1

Answers (1)

Know the Answer?

Kendra Daniel · Answer 1

This question is incomplete.

Explanation:

In order to get the price-earnings ratio which is price divided by earnings, it is necessary to have the earnings.

In order to calculate dividends per share which are dividends per share divided by share price it is necessary to know the dividend per share

In order to calculate market-to-book ratio which es market price divided book value per share it is necessary to know the book value per share.