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Smolira Golf Corp. has 40,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2015 was $30. |
What is the market to book ratio at the end of 2015?
Homework Answers
| Book value per share = Total Equity/Shares outstanding = 300000/40000 = $7.5 | |||||||
| Market to book ratio at the end of 2015 = Market price/Book value = 30/7.5 = 4 | |||||||
Add Answer to:
Smolira Golf Corp. has 40,000 shares of common stock
outstanding, and the market price for a...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 Current assets Current liabilities Cash Accounts receivable Inventory $ 24,236 14,348 27,892 $ 26,000 17,100 29,000 Accounts payable Notes payable Other $ 25,084 19,000 13,471 $ 29,000 12,700 18,300 Total $ 66,476 $ 72,100 Total 57,555 $ 60,000 $ 88,000 $ 99,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 45,000...
Some recent financial statements for Smolira Golf Corp. follow GOLF C 2014 and 2015 Balance Sheets...
Some recent financial statements for Smolira Golf Corp. follow GOLF C 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2014 Assets 2015 2014 2015 Current assets Current liabilities Accounts payable Notes payable Other $ 24,284 13,000 12,671 28,200 11,900 19,900 $ 23,056 13,548 26,982 25,200 16,300 28,200 Accounts receivable 49,955 60,000 $ 80,000 92,000 Total S 63,586 69,700 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained eamings 60,000 $ 60,000 222,000 209,326 Fixed assets Net...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2014 and 2015 Balance...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Assets Liabilities and Owners’ Equity 2014 2015 2014 2015 Current assets Current liabilities Cash $ 23,066 $ 25,300 Accounts payable $ 24,384 $ 28,300 Accounts receivable 13,648 16,400 Notes payable 14,000 12,000 Inventory 27,152 28,300 Other 12,771 19,700 Total $ 63,866 $ 70,000 Total $ 51,155 $ 60,000 Long-term debt $ 81,000 $ 90,000 Owners’ equity Common stock and paid-in surplus $ 55,000...
Some recent financial statements for Smolira Golf Corp follow SMOLIRA GOLF CORP. 2014 and 2015 Balance...
Some recent financial statements for Smolira Golf Corp follow SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2014 2015 Current assets Current liabilities 24.126 24,900 16,000 27,900 Cash Accounts receivable Inventory 13 248 26,542 Accounts payable Notes payable Other 23,984 27,900 11600 18,000 12,371 16,500 54,355 56,000 s 77,00087000 Common stock and paid in surplus50,000 50,000 Total S 63,916$68,800 Total Long-term debt Owners' equity Accumulated refained earnings 238,000 $265,256 $288,000 $396,611$431,000 215,256 Fixed assets...
Assets 2014 SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014...
Assets 2014 SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 24,600 Accounts payable $ 23,684 15,700 Notes payable 14,000 27,600 Other 12,071 2015 Current assets Cash Accounts receivable Inventory $ 24,096 12,948 26,242 $ 27,600 11,300 18,100 Total $ 63,286 $ 67,900 Total $ 49,755 $ 57,000 $ 74,000 $ 82,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 48,000 221,226 $ 48,000 242,000 Fixed assets...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018...
Some recent financial statements for Smolira Golf Corp.
follow.
SMOLIRA GOLF CORP.
2017 and 2018 Balance Sheets
Assets
Liabilities and Owners’ Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$
34,785
$
38,204
Accounts payable
$
37,282
$
42,782
Accounts receivable
18,001
28,126
Notes payable
19,408
16,500
Inventory
3,730
42,792
Other
20,224
24,954
Total
$
56,516
$
109,122
Total
$
76,914
$
84,236
Long-term debt
$
117,000
$
182,015
Owners’ equity
Common stock and paid-in
surplus
$...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity Assets 2017 2017 2018 2018 Current liabilities Current assets $ 42,632 $34,485 $37,928 $36,712 Cash Accounts payable Accounts Notes payable 17,851 27,856 19,108 16,275 receivable Other Inventory 3,640 42,672 19,954 24,714 $55,976 $108,456 $75,774 Total 83,621 Total $115,500 $174,101 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $55,100 55,100 273,922 315,417 Fixed assets Net plant...
Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of...
Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2013 and 2014 2013 2014 2013 2014 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 4,607 $ 4,910 Accounts payable $ 3,413 $ 3,846 Accounts receivable 6,702 8,149 Notes payable 2,768 3,416 Inventory 17,357 19,350 Other 138 165 Total $28,666 $32,409 Total $ 6,319 $ 7,427 $22,500 $ 19,000 Long-term debt Owners' equity Common stock and pald-in surplus Accumulated...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 24,246 $ 26,100 Accounts payable $ 25,184 $ 29,100 Accounts receivable 14,448 17,200 Notes payable 20,000 12,800 Inventory 27,992 29,100 Other 13,571 18,100 Total $ 66,686 $ 72,400 Total $ 58,755 $ 60,000 Long-term debt $ 89,000 $ 103,648 Owners’ equity Common stock and paid-in surplus $...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2017 and 2018 Balance...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 24,056 24,200 15,300 27,200 $ 62,196 $66,700 $ 23,284 $ 27,200 10,900 15,900 $ 46,955 54,000 90,000 93,294 Accounts Inventory Total Accounts payable Notes payable Other 12,548 12,000 receivable 25,592 11,671 Total Long-term debt Owners' equity Common stock and paid-in $42,000 42,000 surplus Accumulated retained 208,936 242,706 earnings...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 Current assets Current liabilities Cash Accounts receivable Inventory $ 24,236 14,348 27,892 $ 26,000 17,100 29,000 Accounts payable Notes payable Other $ 25,084 19,000 13,471 $ 29,000 12,700 18,300 Total $ 66,476 $ 72,100 Total 57,555 $ 60,000 $ 88,000 $ 99,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings 45,000...
Some recent financial statements for Smolira Golf Corp. follow GOLF C 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2014 Assets 2015 2014 2015 Current assets Current liabilities Accounts payable Notes payable Other $ 24,284 13,000 12,671 28,200 11,900 19,900 $ 23,056 13,548 26,982 25,200 16,300 28,200 Accounts receivable 49,955 60,000 $ 80,000 92,000 Total S 63,586 69,700 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained eamings 60,000 $ 60,000 222,000 209,326 Fixed assets Net...
Some recent financial statements for Smolira Golf Corp follow SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2014 2015 Current assets Current liabilities 24.126 24,900 16,000 27,900 Cash Accounts receivable Inventory 13 248 26,542 Accounts payable Notes payable Other 23,984 27,900 11600 18,000 12,371 16,500 54,355 56,000 s 77,00087000 Common stock and paid in surplus50,000 50,000 Total S 63,916$68,800 Total Long-term debt Owners' equity Accumulated refained earnings 238,000 $265,256 $288,000 $396,611$431,000 215,256 Fixed assets...
Assets 2014 SMOLIRA GOLF CORP. 2014 and 2015 Balance Sheets Liabilities and Owners' Equity 2015 2014 Current liabilities $ 24,600 Accounts payable $ 23,684 15,700 Notes payable 14,000 27,600 Other 12,071 2015 Current assets Cash Accounts receivable Inventory $ 24,096 12,948 26,242 $ 27,600 11,300 18,100 Total $ 63,286 $ 67,900 Total $ 49,755 $ 57,000 $ 74,000 $ 82,000 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 48,000 221,226 $ 48,000 242,000 Fixed assets...
Some recent financial statements for Smolira Golf Corp.
follow.
SMOLIRA GOLF CORP.
2017 and 2018 Balance Sheets
Assets
Liabilities and Owners’ Equity
2017
2018
2017
2018
Current assets
Current liabilities
Cash
$
34,785
$
38,204
Accounts payable
$
37,282
$
42,782
Accounts receivable
18,001
28,126
Notes payable
19,408
16,500
Inventory
3,730
42,792
Other
20,224
24,954
Total
$
56,516
$
109,122
Total
$
76,914
$
84,236
Long-term debt
$
117,000
$
182,015
Owners’ equity
Common stock and paid-in
surplus
$...
Some recent financial statements for Smolira Golf Corp. follow. SMOLIRA GOLF CORP. 2017 and 2018 Balance Sheets Liabilities and Owners' Equity Assets 2017 2017 2018 2018 Current liabilities Current assets $ 42,632 $34,485 $37,928 $36,712 Cash Accounts payable Accounts Notes payable 17,851 27,856 19,108 16,275 receivable Other Inventory 3,640 42,672 19,954 24,714 $55,976 $108,456 $75,774 Total 83,621 Total $115,500 $174,101 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $55,100 55,100 273,922 315,417 Fixed assets Net plant...
Some recent financial statements for Smolira Golf, Inc., follow. SMOLIRA GOLF, INC. Balance Sheets as of December 31, 2013 and 2014 2013 2014 2013 2014 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 4,607 $ 4,910 Accounts payable $ 3,413 $ 3,846 Accounts receivable 6,702 8,149 Notes payable 2,768 3,416 Inventory 17,357 19,350 Other 138 165 Total $28,666 $32,409 Total $ 6,319 $ 7,427 $22,500 $ 19,000 Long-term debt Owners' equity Common stock and pald-in surplus Accumulated...
Some recent financial statements for Smolira Golf Corp. follow SMOLIRA GOLF CORP 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 24,056 24,200 15,300 27,200 $ 62,196 $66,700 $ 23,284 $ 27,200 10,900 15,900 $ 46,955 54,000 90,000 93,294 Accounts Inventory Total Accounts payable Notes payable Other 12,548 12,000 receivable 25,592 11,671 Total Long-term debt Owners' equity Common stock and paid-in $42,000 42,000 surplus Accumulated retained 208,936 242,706 earnings...
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