Bulletproof Cats Company reported the following income statement for the year ended on Dec. 31, 2020, and the balance sheets for 2020 and 2019.

Income Statement	Year 2020	Balance Sheet	Dec. 31, 2020	Dec. 31, 2019
Net Sales Revenue	$1,153,000	Cash	$59,000	$42,000
Cost of Goods Sold	($720,000)	Accounts Receivable	$14,000	$22,000
Gross Profit	$433,000	Merchandise Inventory	$6,410	$5,700
Salaries Expense	($320,000)	Building	$54,000	$54,000
Depreciation Expense	($8,000)	Equipment	$10,500	$7,700
Operating Income	$105,000	Accumulated Depreciation	($31,500)	($26,000)
Interest Expense	($750)	Accounts Payable	$14,600	$18,000
Loss from Disposal	($480)	Notes Payable (Long-term)	$5,000	$7,200
Income Tax Expense	($21,050)	Common Stock	$75,000	$75,000
Net Income	$82,720	Retained Earnings	$17,810	$5,200

Bulletproof Cats has never issued preferred stock.

Q1. Compute the rate of return on common stockholders equity (ROE) for 2020. Round to two decimal places.

		1.10
		1.21
		1.32
		1.43

Q2. Compute the days sales in inventory for 2020. Round to two decimal places.

		2.96
		3.07
		3.18
		3.29

Q3. Compute the acid-test ratio for 2020. Round to two decimal places.

		4.40
		4.60
		4.80
		5.00

1. Q4. Compute the dividend payout for 2020. Round to two decimal places.

   		0.85
   		0.90
   		0.95
   		1.00