Calculate the following ratios for 2008. Assume current market price of Powells common share is $20.

(a) Operating Margin (b) Profit Margin (c) Return on Assets (d) Return on Equity (e) Earnings per Share

(f) Dividends per Share (g) Dividend Payout Ratio (h) Market value of equity (i) Current Ratio (j) Debt Ratio

(k) Equity Ratio

2008 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets $ 12.0 180.0 180.0 $372.0 300.0 $672.0 $108.0 67.0 72.0 $247.0 Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock (50 million shares) Retained earnings Common equity Total liabilities and equity 150.0 $397.0 50.0 225.0 $275.0 $672.0 2008 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation & amortization Earnings before interest and taxes Interest Earnings before taxes Taxes (40%) Net income $1,200.0 1,020.0 $ 180.0 30.0 $ 150.0 21.7 $ 128.3 51.3 $ 77.0 Common dividends $ 60.5